You are to make monthly deposits of $500 into a retirement account that earns an APR of

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You are to make monthly deposits of $500 into a retirement account that earns an APR of 9.5 percent compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 35 years?

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Essentials of Corporate Finance

ISBN: 978-1260013955

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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