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Suppose you put $ 1 , 0 0 0 per month into a Roth IRA starting one month from today that pays 1 2 %

Suppose you put $1,000 per month into a Roth IRA starting one month from today that pays 12% APR (compounded monthly). Assume you have nothing saved today. Calculate the future value of the retirement account 25 years from today. (Enter a positive value and round to 2 decimals)

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