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Mathematics 21 Online
OpenStudy (mew55):

Person A opens an IRA at age 25, contributes $2000/yr for 10 years, but makes no additional contributions thereafter. Person B waits until age 35 to open an IRA and contributes $2000/yr for 30 years. There is no initial investment in either case, and the contributions are made continuously. c. Determine the return rate r for which the two IRA's have equal value at age 65

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