Question: You are 22 years old and decide to start saving for your retirement. You plan to save $4000 at the end of the first year

You are 22 years old and decide to start saving for your retirement. You plan to save $4000 at the end of the first year and then increase your your savings by 3% per year until you make the very last deposit at age 65. Suppose you earn 6% per year on your retirement savings. How much will you have saved? round to nearest dollar

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