Question: Javier has decided to put $2,000 a year (at the end of each year) into an IRA over his 40-year working life and then retire.

Javier has decided to put $2,000 a year (at the end of each year) into an IRA over his 40-year working life and then retire. What will Javier have in 40 years (rounded to the nearest dollar) if the account will earn 10.00%, compounded annually?

$19,558

$885,185

$973,704

D.	$1,038,071

E.	$1,625,217

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