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IRAS. Lisa and Mark married at age 20. Each year until their 30th birthdays, they put $3,500 into their traditional IRAS. By age 30,
IRAS. Lisa and Mark married at age 20. Each year until their 30th birthdays, they put $3,500 into their traditional IRAS. By age 30, they had bought a home and started a family Athough they continued to make contributions their employer-sponsored retirement plans, they made no more contributions to their IRAs. If they receive an average annual return of 7%, how much will they have in their RAs by age 70? What was their total investment If they receive an average annual retum of 7%, the amount they will have in their IRAs by age 70 is $ (Round to the nearest dolar.)
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