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Mathematics, 10.04.2020 20:56 iamquintix

Your friend is investing in a 401(k) that promises 2% annual growth. He plans on investing $250 each month for 25 years. Excel returns a value of $97,205.28 for the balance in the 401(k) after 25 years. How much interest is earned in the account after 30 years?

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