How much will she have at the time of her retirement

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Allie Maxudy wishes to retire in 25 years. She has decided that she should be able to invest $5,000 per year in her retirement fund. If she makes the payments in quarterly installments at the beginning of each year, and can earn an annual percentage rate of 8 percent on her money, how much will she have at the time of her retirement?

Reference no: EM131581536

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