Question: Suppose you begin saving for your retirement by depositing $2000 per year in an IRA. If the interest rate is 12.3%, how much will you

Suppose you begin saving for your retirement by depositing $2000 per year in an IRA. If the interest rate is 12.3%, how much will you have in 35 years if each deposit occurs at the end of the year? How much if you make yearly deposits beginning today?

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