Opened an individual retirement account

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Reference no: EM131617455

You opened an individual retirement account (IRA) on April 14, 2005 with, a deposit of $2,000. $80.00 is deducted from your paycheck, and you are paid twice a month The account pays 6.3% annual interest compounded semimonthly. How much will be in the account on April 14, 2020?

Reference no: EM131617455

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