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Retirement planning Personal Finance Problem Hal Thomas, a 3 0 - year - old college graduate, wishes to retire at age 6 5 . To

Retirement planningPersonal Finance ProblemHal Thomas, a 30-year-old college graduate, wishes to retire at age 65. To supplement other sources of retirement income, he can deposit $2 comma 500 each year into a tax-deferred individual retirement arrangement(IRA). The IRA will earn a return of 13% over the next 35 years.
a.If Hal makes end-of-year $2 comma 500 deposits into the IRA, how much will he have accumulated in 35 years when he turns65?

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