Section 12 Homework: Problem 7 Previous Problem
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(3 points) Rachel deposits $140 each month in a retirement plan with an APR of 5.55% compounded monthly. How much will she have in the
account after 25 years?
Express your answer rounded correctly to the nearest cent!
Answer = 5
I
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You are in the Reduced Scoring Period: All additional work done counts 50% of the original.