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Mathematics, 04.04.2020 19:43 ella3714

Decide whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain your reasoning.

If interest rates stay at 4% APR and I continue to make my monthly $50 deposits into my retirement plan, I should have at least $30 comma 000 saved when I retire in 25 years.

The statement because I will have $ nothing in my retirement account when I retire in 25 years.
(Round to the nearest cent as needed.)

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