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At age 22 someone sets up an IRA individual retirement account with an APR of...

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Basic Math

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At age 22 someone sets up an IRA individual retirement account with an APR of 6 At the end of each month he deposits 30 in the account How much will the IRA contain when he retires age 65 Compare that amount to the total deposits made over the time period After retirement the IRA will contain Do not round until the final answer Then round to the nearest cent as needed

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