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James started to put away $4000 into his traditional IRA at age 22 until age 35. By age 35 he stopped contributing to the plan.

James started to put away $4000 into his traditional IRA at age 22 until age 35. By age 35 he stopped contributing to the plan. If his average rate is 8% rate of return, how much will he have in his retirement fund at age 60?

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