LO.6 Juana establishes a Roth IRA at age 40 and contributes the maximum amount per year to

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LO.6 Juana establishes a Roth IRA at age 40 and contributes the maximum amount per year to the Roth IRA for 25 years. The account is now worth $199,000, consisting of

$75,000 in contributions plus $124,000 in accumulated earnings. How much can Juana withdraw tax-free in 2012?

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