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Nasser plans to fund his individual retirement account (IRA) with a maximum contribution of $2,400 at the beginning of each year for the next 20

Nasser plans to fund his individual retirement account (IRA) with a maximum contribution of $2,400 at the beginning of each year for the next 20 years. If Nasser can earn 5 percent on his contributions, how much will he have at the end of the twentieth year?

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