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You plan to invest $2,500 at the end of each of the next 4 years in an IRA holding a basket of stocks that you

  1. You plan to invest $2,500 at the end of each of the next 4 years in an IRA holding a basket of stocks that you expect to return 8% annually. If you currently have $20,000 invested in this account. How much will you have in 4 years?

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