Starting in 2012, Ira Roth places $5,000 in a Roth IRA at the beginning of each year

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Starting in 2012, Ira Roth places $5,000 in a Roth IRA at the beginning of each year for the next 40 years. Ira believes the account will earn 10 percent a year compounded yearly. How much will he have in his account in 40 years?

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Entrepreneurial Finance

ISBN: 978-0133140514

6th edition

Authors: Philip J. Adelman; Alan M. Marks

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Question Posted: Jul 31, 2015 09:06 AM

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Starting in 2012, Ira Roth places $5,000 in a Roth IRA at the beginning of each year

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