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An Annual Contribution of $3,000 to a Retirement Account That

Question 46

Multiple Choice

An annual contribution of $3,000 to a retirement account that earns 6% will be worth approximately _____ in 20 years. (Round the answer to the nearest whole dollar.)


A) $60,120
B) $96,788
C) $100,000
D) $110,357
E) $192,624

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