Rate of return and make no additional contributions

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Reference no: EM131460462

You have just made your first $8360 contribution to your retirement account. Assume you earn an 9.2 percent rate of return and make no additional contributions.

What will your account be worth when you retire in 44 years? (Round time value factors to 6 decimal places and final answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $123,456 should be entered as 123456.)

Reference no: EM131460462

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