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Paul and Karen White plan to invest $5,000 a year in an educational IRA for their granddaughter. Sloane Martin. They will make these deposits on

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Paul and Karen White plan to invest $5,000 a year in an educational IRA for their granddaughter. Sloane Martin. They will make these deposits on January 2nd of each year. Paul and Karen feel they can safely earn 6%. How much will be in this account on December 31 of the 18th year? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, eg. 52.75.1 Click here to view the factor table. Amount on December 31

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