Question: When Caligulo graduated from college recently, his parents put $ 5 , 5 0 0 into a Roth IRA that averages 8 . 5 percent

When Caligulo graduated from college recently, his parents put $5,500 into a Roth IRA that averages 8.5 percent growth and interest, compounded annually. Calculate how much money Caligulo will have in his IRA at the end of 45 years, assuming that the does not deposit any additional money.

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