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If you start investing for retirement and put only $3,000 a year in an individual retirement account (IRA) earning 5 percent for 25 years, you

If you start investing for retirement and put only $3,000 a year in an individual retirement account (IRA) earning 5 percent for 25 years, you will have approximately $__________ at age 65.

Question 8Answer

a.

$95,454.20

b.

$180,641.35

c.

$143,181.30

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