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The timpanist for an orchestra deposits $450 at the beginning of each month in a Roth IRA. The IRA has an annual interest rate of
The timpanist for an orchestra deposits $450 at the beginning of each month in a Roth IRA. The IRA has an annual interest rate of 2.5% compounded monthly. Find the value of the Roth IRA (in dollars) after 12 years. (Enter a number. Round your answer to the nearest cent.)
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