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If you saved your tax refund $17,575.11, quit buying vendor coffee for one year $4,646.04, and decided to contribute $3,120 (you saved $260 per month)

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If you saved your tax refund $17,575.11, quit buying vendor coffee for one year $4,646.04, and decided to contribute $3,120 (you saved $260 per month) in your Roth IRA, how much would you have for retirement if you could invest these savings at 5% compounded annually for 30 years for this one year of savings? (Use the Table 12.1 provided.) Note: Round your answer to two decimal places

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