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Meryl is 30 years old. She wants to begin saving for retirement, with the first...

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Basic Math

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Meryl is 30 years old. She wants to begin saving for retirement, with the first payment to come one year from now. She can save $8,500 per year, and her financial advisor advises her to invest in the stock market, which the financial advisor expects to provide an average return of 10% in the future.If Meryl follows her financial advisor's advice, how much money will she have at 65?$3,400,309.42$4,726,821.57$1,378,819.34$2,303,707.13

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