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Beginning at age 30, Ms. Trinh invests $2,000 each year into an IRA account until...

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Finance

Beginning at age 30, Ms. Trinh invests $2,000 each year into an IRA account until she retires. When she retires, she plans to withdraw equal amounts each year that will deplete the account when she is 90. Find the annual amount she will receive if she retires at age 70 and the account pays 6% compounded annually.

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