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2 years ago

8

Please help!!! Rachael deposits $1,500 into a retirement fund each year. The fund earns 8.2% annual interest, compounded monthly

. If she opened her account when she was 19 years old, how much will she have by the time she is 55? How much of that amount will be interest earned?

1 answer:

Yuki888 [10]2 years ago

6 0

Answer:$82,500

Step-by-step explanation:

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