How large will your retirement account be in 38 years

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Starting next month, if you make monthly deposits of $593 into a retirement account that earns 3% interest compounded monthly, how large will your retirement account be in 38 years?

(Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Reference no: EM131993744

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