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23-05-2024
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You just turned 30 years old and decided to start saving for your retirement. You plan to save $5,889 at the end of each year (so the first deposit will be one year from now), and will make the last deposit when you retire at age 65 . Suppose you earn 6% per year on your retirement savings, how much will you have saved for retirement right at age 65?(Round to the nearest dollar.)

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