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1.) Buddhi said I have $150,000 to invest in an individual retirement account (IRA) at an interest rate of 8% per year for retirement in

1.) Buddhi said "I have $150,000 to invest in an individual retirement account (IRA) at an interest rate of 8% per year for retirement in 15 years. How much money can I accumulate at the end of the time period?" 2.) Buddhi wants to send her two-year old daughter to college in 16 years. S

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