She will make 25 annual contributes calculate her, Financial Management

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She will make 25 annual contributes calculate her

Megan wants to retire 25 years from today. Currently, she has $100,000 saved and she plans to invest this nest egg into a mutual fund that earns 9.5% per year. She also plans to contribute $15,000 per year, starting one year from today. She will make 25 annual contributes. Calculate her retirement account balance 25 years from today. (Round to 2 decimals)

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