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OpenStudy (anonymous):
please help... When he was 40, Keefer began investing $150 per month in various securities for his retirement savings. His investments averaged a 4.5% annual rate of return until he retired at age 70. What was the value of Keefer’s retirement savings when he retired? Assume monthly compounding of interest. $113,907.92 $759.39 $153,907.92 $58,218.65
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