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28. It is January and Devon Raab has just established and IRA (Individual Retirement Account). She will put $1,000 into the account on December 31st

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28. It is January and Devon Raab has just established and IRA (Individual Retirement Account). She will put $1,000 into the account on December 31st of this year and at the end of the following 39 years (40 years total). How much money will she have in her account at the beginning of the 41st year? Assume that the account earns 12% interest annually

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