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Debra plans on saving $5,000 annually in a Roth IRA account. She is starting late and has 15 years until, hopefully, retiring. She plans to

Debra plans on saving $5,000 annually in a Roth IRA account. She is starting late and has 15 years until, hopefully, retiring. She plans to invest in a balanced mutual fund that will earn an average of 8% annually. How much will she have when she retires?

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