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How much would have in twenty years

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Problem 1: Shaylea, age? 22, just started working? full-time and plans to deposit ?$5200 annually into an IRA earning 6 percent interest compounded annually. How much would she have in ?20 years, 30 ?years, and ?40 years? If she changed her investment period and instead invested ?$ 5200 ?monthly, and the investment also changed to $433.33 monthly? compounding, how much would she have after the same three time? periods?

Reference no: EM132984992

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