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How much will have accumulated in the account

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Problem 1: Jamie plans to retire in 30 years. She decides to put $200 into a Roth IRA at the end of every month starting at the end of this month. She expects the IRA to earn 12% per year compounded monthly. How much will she have accumulated in the account at the end of 30 years? Round to two decimal places.

Reference no: EM132976777

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