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Dave Montalvo is 35. If he deposits $4,500 in an IRA today, how much would he have in 32 years if his investment earned an

Dave Montalvo is 35. If he deposits $4,500 in an IRA today, how much would he have in 32 years if his investment earned an average annual interest rate of 9.5% compounded monthly? Multiple Choice $92,954.23 $79,307.37 $102,179.71 $111,545.07

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