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How much will have at retirement in twenty years

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Problem 1: If you get zeide $2,500 per year (i e , one deposit of $2,500 each year) in a Roth IRA for the next 20 years (th 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 20 years if your IR. A earn: 4.8% APR, compounded monthly?

Reference no: EM132630937

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