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IV. ANNUITIES: 1. If you and your partner decide to open an IRA of $5,000 per year each. You are offered a 5 12% annual
IV. ANNUITIES:
1. If you and your partner decide to open an IRA of $5,000 per year each. You are offered a 5 12% annual interest for 35 years. How much will be the amount and accumulated interest of the annuity?
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