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Ally Gator has an IRA with a current balance of $22,500. Ally plans to continue depositing $7,000 annually into this account which earns 7%. After

Ally Gator has an IRA with a current balance of $22,500. Ally plans to continue depositing $7,000 annually into this account which earns 7%. After 40 years, what will the balance of Ally's IRA be? $336,925 $1,397,446 $1,734,371 $2,071,296

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