Question: You expect to put $ 7 , 7 7 0 into your IRA at the end of every year for the next 1 4 years.

You expect to put $7,770 into your IRA at the end of every year for the next 14 years. The investment returns an annual rate of 7%. How much will you have in 14 years?
Periods: 14
FV of $1: 2.57853
Fv of an annuity of $1: 22.5505
(factors at 7%)

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