Question: Conor is 21 years old and just started working after college. He has opened a retirement account that pays 2.5% interest compounded monthly. He plans

Conor is 21 years old and just started working after college. He has opened a retirement account that pays 2.5% interest compounded monthly. He plans on making monthly deposits of $200. How much will he have in the account when he reaches 59 1/2 years of age?

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