Mary plans to fund her individual retirement account ira, Financial Management

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Mary plans to fund her individual retirement account ira

Mary plans to fund her individual retirement account (IRA) with a contribution of $2,000 at the end of each of the next 10 years. If she can earn 12% on his contributions, how much will she have at the end of the twentieth year? Please note this is a two part problem and you must do both parts to earn full credit. Read the question carefully.

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Financial Management: Mary plans to fund her individual retirement account ira

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