Suppose that pattys husband delays starting an ira for the, Accounting Basics

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Suppose that pattys husband delays starting an ira for the

Suppose that Patty's husband delays starting an IRA for the first 10 years he works but then makes $2000 deposits at the end of each of the next 15 years. If the interest rate is 9%, compounded annually, and if he leaves the money in his account for 5 additional years, how much will be in his account at the end of the 30-year period?

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