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You are in you r 50s and decide to max-out your annual investment into your Individual Retirement Account and invest $20,000 at the end of

You are in you r 50s and decide to max-out your annual investment into your Individual Retirement Account and invest $20,000 at the end of each year for the next 18 years. At the end of this investment period, you will have how much if you earn an effective annual return of 8 percent?

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