Blushing Rose invests $1,000 into her Roth IRA. She can increase this investment annually by $1,000 until she reaches the $5,000 annual contribution limit. She will then invest $5,000 per year at the end of each year for 30 years. How much will Blushing have in her IRA at the end of 34 years if her IRA earns 8 percent?
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