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Jake Werkheiser decides to invest $ 4 0 0 0 in an IRA at the end of each year for the next 6 years. If

Jake Werkheiser decides to invest $

4000

in an IRA at the end of each year for the next

6

years. If he makes these investments, and if the certificates pay

9 %,

compounded annually, how much will he have at the end of the

6

years? sovle the problems

= ?

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