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Luls has $ 1 2 0 , 0 0 0 in his retirement account at his present company. Because he is assuming a position with

Luls has $120,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to "roll over" his assets to a new account. Lus also plars to put $3000? quarter into the new account until his retirement 20 years from now. If the new account earns interest at the rate of 2.5%? year compounded quarterly, how much wal Lus have in his account at the time of his retirement? (Round your answer to the nearest cent.)
Luls has $ 1 2 0 , 0 0 0 in his retirement

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