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Robin, Who Is Self-Employed, Contributes $5,500/year into a Keogh Account

Question 84

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Robin, who is self-employed, contributes $5,500/year into a Keogh account. How much will he have in the account after 15 years if the account earns interest at the rate of 8.5%/year compounded yearly? Please round the answer to the nearest cent.
$ __________

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