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Emily invests $350 at the end of each month for 24 years in an account paying 6.6% interest compounded monthly and then she retires. Suppose

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Emily invests $350 at the end of each month for 24 years in an account paying 6.6% interest compounded monthly and then she retires. Suppose that she was in the 39.6% bracket when the deposits were made and interest was earned. Suppose her tax bracket is now 10% in retirement. Find the current after-tax value of Emily's account if it was set-up as () a Traditional Individual Retirement Account (IRA): $ Number (ii) a Roth Individual Retirement Account (Roth-IRA): $ Number Click here for reference to formulas

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