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When Bo McSwine was 16, he got an after school job at his parent's barbecue restaurant. His parents told him that if he put some

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When Bo McSwine was 16, he got an after school job at his parent's barbecue restaurant. His parents told him that if he put some of his earnings into an IRA, they would contribute an equal amount to his IRA. That year, and every year thereafter, he deposited $700 into his IRA. When he became 21 years old, his parents stopped contributing, but Bo increase his annual deposit to $1, 400, and continued depositing that amount annually unit he retired at age 65. His IRA paid 6% interest. Find the future value of the account

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