SOLUTION: An individual Retirement Account (IRA) has $18,000 in it, and the owner decides not to add any more money to the account other than interest earned at 5% compounded daily. How much
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Question 192059: An individual Retirement Account (IRA) has $18,000 in it, and the owner decides not to add any more money to the account other than interest earned at 5% compounded daily. How much will be in the account 38 years from now when the owner reaches retirement age?
Answer by jojo14344(1513) (Show Source): You can put this solution on YOUR website!
Working Eqn, ---> , where
, Answer
Thank you,
Jojo
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