Calculate total future compound amount of IRA accumulation

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Reference no: EM131424732

A young graduate engineer wants to know the equivalent future worth if she invests a uniform series amount of $5, 500 each year for the next 35 years in an individual retirement account (IRA). Assuming a 796 per year rate of return, she wants to calculate the total future compound amount of the IRA accumulation after 35 years.

Reference no: EM131424732

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Calculate total future compound amount of IRA accumulation : A young graduate engineer wants to know the equivalent future worth if she invests a uniform series amount of $5, 500 each year for the next 35 years in an individual retirement account (IRA). Assuming a 796 per year rate of return, she wants to calc..

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