Asked by Anonymous
Starting on her 21st birthday and continuing on every birthday up to and including her 65th, Jessie deposits $2,000 a year into an IRA. How much (to the nearest tenth) will be in the account on Jessie's 65th birthday if the account earns:
A. 7% compounded annually?
B. or 11% compounded annually?
A. 7% compounded annually?
B. or 11% compounded annually?
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