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eBook Problem 7-04 You annually Invest $1.500 in an individual retirement account (TRA) starting at the age of 30 and make the contributions for 15

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eBook Problem 7-04 You annually Invest $1.500 in an individual retirement account (TRA) starting at the age of 30 and make the contributions for 15 years. Your twin sister does the same starting at age 45 and makes the contributions for 20 years. Both of you eam 6 percent annually on your investment. What amounts will you and your sister have at age 657 Use Appendix A and Appendix to answer the question. Round your answers to the nearest dollar Amount on your accounts Amount on your sister's account: Who has the large amount at age 557 Select the larger amount

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