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Dave's sister Amy is 26. She also plans to deposit $4,500 in an IRA. Assume that the investments in her IRA earn 9.5% compounded monthly

Dave's sister Amy is 26. She also plans to deposit $4,500 in an IRA. Assume that the investments in her IRA earn 9.5% compounded monthly until she retires at age 67. Calculate the amount Amy would have in her IRA. Multiple Choice $177,737.67 $239455.24 $217,835.58 $261,40272

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