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Lisa and Mark married at age 20. Each year until their 30th birthdays, they put $4,000 into their traditional IRAs. By age 30, they had
Lisa and Mark married at age 20. Each year until their 30th birthdays, they put $4,000 into their traditional IRAs. By age 30, they had bought a home and started a family. Although they continued to make contributions to their employer-sponsored retirement plans, they made no more contributions to their IRAs.
If they receive an average annual return of 6%, how much will they have in their IRAs by age 70 is $_____________What was their total investment?_________
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