same age as Karen, started depositing $260 at the end of each month in a...
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same age as Karen, started depositing $260 at the end of each month in a tax-free retirement account when he was 33. Assume that both accounts have been and will be earning interest at the rate of 5%/year compounded monthly. How much (in dollars) will each have in their retirement account at the age of 65? (Round your answers to the nearest cent.) Karen $ Incorrect: Your answer is incorrect. Matt
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