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Economics - Financial Markets 8 Online
OpenStudy (anonymous):

Ronald is 26 years old and starting an IRA (individual retirement account). He is going to invest $200 at the beginning of each month. The account is expected to earn 2.75% interest, compounded monthly. How much money will Ricky have in his IRA when he retires, at age 65?

OpenStudy (anonymous):

65302031.51

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