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Bill opens an IRA account 2018 and plans to invest $5,000 per year for the next 30 years. Bill makes the first deposit on
Bill opens an IRA account 2018 and plans to invest $5,000 per year for the next 30 years. Bill makes the first deposit on December 31, 2018 (at the end of the period), and will continue to make deposits on the last day of the year. At the end of thirty years, how much will have accumulated in his IRA, assuming an interest rate of 8%?
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Construction accounting and financial management
Authors: Steven j. Peterson
2nd Edition
135017114, 978-0135017111
