Jamal wants to open an IRA to save for his retirement. He would like to have $

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3000, 000

in it when he retires in

30

years. His bank offers an IRA that pays

7 % .

Under this plan, how much will Jamal have to invest each year to reach his goal?

Posted Date: May 18, 2024 01:04 PM

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Jamal wants to open an IRA to save for his retirement. He would like to have $

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