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An Individual Retirement Account (IRA) has $12,000 in it, and the owner decides not to add any more money to the account other than interest

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An Individual Retirement Account (IRA) has $12,000 in it, and the owner decides not to add any more money to the account other than interest earned at 7% compounded daily. How much will be in the account 26 years from now when the owner reaches retirement age? There will be $ in the account. (Round to the nearest cent. Use a 365-day year.)

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