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Business, 04.03.2021 21:00 SchoolFirst9811

Carlos plans to make regular savings contributions of $7,900 per year to his retirement account. His first regular contribution to his retirement account is expected later today and his last regular contribution is expected in 6 years. In addition, he also plans to make a one-time, special contribution of $27,000 to his retirement account in 2 years from today. Carlos expects to earn 12.6 percent per year in his retirement account and he plans to retire in 7 years. How much money does Carlos expect to have in his account when he retires

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