Question: A self-employed person has a Keogh retirement plan. (This type of plan is free of taxes until money is withdrawn.) If deposits of $7,500 are

A self-employed person has a Keogh retirement plan. (This type of plan is free of taxes until money is withdrawn.) If deposits of $7,500 are made each year into an account paying 8% compounded annually, how much will be in the account after 20 years?

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