amirahwyse amirahwyse

23-09-2022
Business

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An Individual Retirement Account (IRA) has $24,000 in it, and the owner decides not to add any more money to the
account other than interest earned at 3% compounded daily. How much will be in the account 31 years from now when
the owner reaches retirement age?
There will be $ in the account.
(Round to the nearest cent. Use a 365-day year.)

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