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How much will have at retirement in thirty years

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Problem 1: If you set aside $3,600 per year (i.e., one deposit of $3,600 each year) in a Roth IRA for the next 30 years (the first contribution is to be made exactly one year from now, so use an ordinary annuity setup), how much will you have at your retirement in 30 years if your IRA earns 8% APR, compounded quarterly?

Reference no: EM132979654

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