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You are graduated from college at the end of semester, and after reading the Business of Life box in this chapter, you have decided to

You are graduated from college at the end of semester, and after reading the Business of Life box in this chapter, you have decided to invest $4,500 at the end of each year into a ROTH IRA for the next 40 years. If you earn 6% compounded annually on your investment, how much will you have when you retire in 40 years rounded to the nearest cent?

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