Miss Piggy, a 21 year-old engineer, had recently started a new job in January. She will have $12,000 in her retirement saving at the end of December of her first year of working, and her retirement...


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Miss Piggy, a 21 year-old engineer, had recently started a new job in January. She will have $12,000 in her<br>retirement saving at the end of December of her first year of working, and her retirement saving will<br>increase by 1% every year. Miss Piggy plans to work until December of the year where she turns 65. Given<br>that Miss Piggy is one of the best engineer, she will likely be employed throughout her career. If the interest<br>on the retirement account is 12% annually, how much will she have in December of the year she turns 65?<br>

Extracted text: Miss Piggy, a 21 year-old engineer, had recently started a new job in January. She will have $12,000 in her retirement saving at the end of December of her first year of working, and her retirement saving will increase by 1% every year. Miss Piggy plans to work until December of the year where she turns 65. Given that Miss Piggy is one of the best engineer, she will likely be employed throughout her career. If the interest on the retirement account is 12% annually, how much will she have in December of the year she turns 65?

Jun 04, 2022
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