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1. Marta has turned 25 and just started her new career. She plans to retire at 60 years old. She wants to put away $5,500

1. Marta has turned 25 and just started her new career. She plans to retire at 60 years old. She wants to put away $5,500 each year until she retires in a Roth IRA account. Marta is estimating she will earn an average of 9% each year. She received $2,000 in cash gifts for her college graduation and will start her Roth IRA with that money. How much will she have when she retires? N = I/Y = PV = PMT = FV =

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