What was the value of his ira at the end of 7 years

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Reference no: EM13187597

Hal invested $1900 per year in an IRA each year for 7 years earning 11% compounded annually.

At the end of 7 years he ceased the IRA payments, but continued to invest his accumulated amount at 11% compounded annually for the next 8 years.

What was the value of his IRA at the end of 7 years?

Reference no: EM13187597

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