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Al the age of 27 to save for retirement, you decide to deposit $10 at the end of each month in an IRA that pays

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Al the age of 27 to save for retirement, you decide to deposit $10 at the end of each month in an IRA that pays 6% compounded monthly a Use the following formula to determine how much you will have in the IRA when you retire at age 65 P[(1+r)-1] A a. You will have approximately in the IRA when you retire. (Do not round until the final answer. Then found to the nearest dollar as needed.) D. The interest is approximately $ (Use the answer from part a to find this answer Round to the nearest dollar as needed.) n b. Find the interest Libri ess Enter your answer in each of the answer boxes 11 Slectures Fundamentals of Probability

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