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save for retirement you decide to deposit 70 at the end of each month in...

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Basic Math

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save for retirement you decide to deposit 70 at the end of each month in an IRA that pays 4 5 compounded monthly Use the following formula to determine how much you will have in the IRA when you retire at age 65 a b A A P 1 0 1 r P A Find the interest nt or Part 1 of 2 HW Score 0 0 of 10 points O Points 0 of 1 a You will have approximately in the IRA when you retire Do not round until the final answer Then round to the nearest dollar as needed

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