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Starting today, you are going to contribute $330 on the first of each month to your...

Starting today, you are going to contribute $330 on the first of each month to your retirement account. Your employer will contribute an additional 50% of the amount you contribute. If both you and your employer continue to do this and you can earn an effective monthly rate of 0.88%, how much will you have in your retirement account 48 years from now?

7,890,246

$8,109,420

$8,328,593

$8,547,767

$8,766,940
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