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Then you are able to increase the contribution to 500 per

Assume that you contribute $250 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $500 per month for another 25 years. Given a 8 percent interest rate, what is the value of your retirement plan after the 50 years?

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Finance Basics: Then you are able to increase the contribution to 500 per

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