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You plan to invest $ 2 , 3 0 0 annually into an IRA account for the next 2 5 years with an expected annual

You plan to invest $

2, 300

annually into an IRA account for the next

25

years with an

expected annual interest rate of

8.0 % .

If your goal is to have $

1

million saved for

retirement in

25

years, what percentage of your total retirement savings will this IRA

account represent?

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