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Jean is saving for retirement. At the end of each quarter , she deposits $1,000 into an individual retirement account (IRA). If she continues to
Jean is saving for retirement. At the end of each quarter , she deposits $1,000 into an individual retirement account (IRA). If she continues to do so for 10 years and the IRA promises 8% APR but compounds interest quarterly, how much will she have at the end of year 10?
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