You are currently 30 years old and have $25,000 saved in an investment account. You plan to add $200 monthly beginning next month until you retire at the age of 75. The expected annual return from a...

You are currently 30 years old and have $25,000 saved in an investment account. You plan to add $200 monthly beginning next month until you retire at the age of 75.  The expected annual return from a balanced portfolio is 6%.  How much will be in the account when you retire?

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