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10. [4] Starting at age 25, you deposit $2000 a year into an IRA account. Treat the yearly deposits into the account as a continuous
10. [4] Starting at age 25, you deposit $2000 a year into an IRA account. Treat the yearly deposits into the account as a continuous income stream. a) Find the total income produced in the first 15 years. b) If money in the account earns 5%, compounded continuously, how much will be in the account 40 years later, when you retire at 65? c) What was the total interest earned over those 40 years?
please answer a b and c
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