An individual's salary is now $32,000 per year and he anticipates retiring in 30 years. If his
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An individual's salary is now $32,000 per year and he anticipates retiring in 30 years. If his salary is increased by $600 each year and he deposits 10% of his yearly salary into a fund that earns7% interest compounded annually, what is the future worth of the amount accumulated at the time of his retirement?
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Cyrus Sandoval
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