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Business, 09.10.2019 02:30 mamacita712

Shaylea, age 22, just started working full-time and plans to deposit $5,000 annually into an ira earning 8 percent interest compounded annually. how much would she have in 20 years, 30 years, and 40 years? if she changed her investment period and instead invested $417 monthly and the investment also changed to monthly compounding, how much would she have after the same three time periods? comment on the differences over time.

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