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Mathematics, 12.07.2021 02:10 juanaaraujo1104

Richard has enrolled in a 401(k) saving plan. He intends to deposit $232 each month; his employer does not contribute to his account. His account pays 3.2% annually. He plans to retired in 16 years.

How much money did Richard put into his 401(k) account over the 16 years?

Round your answer to the nearest cent.

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