Question: In Exercise 1, how long will it take Kimberly to accumulate $30,000 in her retirement account? Data from Exercises 1 Kimberly Austin deposits $5000 in

In Exercise 1, how long will it take Kimberly to accumulate $30,000 in her retirement account?

Data from Exercises 1

Kimberly Austin deposits $5000 in an IRA at 6% interest compounded continuously for her retirement in 10 years. She intends to make continuous deposits at the rate of $3000 a year until she retires. How much will she have accumulated at that time?

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