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Mike has saved $10,000 in a Roth IRA. He plans to add $5000 per year for the next 15 years, and expects that the account
Mike has saved $10,000 in a Roth IRA. He plans to add $5000 per year for the next 15 years, and expects that the account will grow at 9% per year. The expected ending balance of his account is approximately:
$154,000
$85,000
$127,000
$183,000
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