At age 20, Juan establishes an Pension Benefit Fund (PBF).If he invests 3000 per yearfor 25 years in an ordinary annuity, the account earns 7.75% per year, how much will hehavein theaccountat age 60?
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At age 20, Juan establishes an Pension Benefit Fund (PBF).If he invests 3000 per yearfor 25 years in an ordinary annuity, the account earns 7.75% per year, how much will hehavein theaccountat age 60?
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