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Question 3 / 20 pts Bill plans to fund his individual retirement account (IRA) with the maximum contribution of $200 at the beginning of each

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Question 3 / 20 pts Bill plans to fund his individual retirement account (IRA) with the maximum contribution of $200 at the beginning of each month for the next 20 years. If Bill can earn 12 percent annually on his contributions, how much will he have at the end of the twentieth year? 142,741 199,830 ' 193,332 156,857

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