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    Precalculus Graphical Numerical Algebraic
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    Exam 3: Exponential, Logistic, and Logarithmic Functions
  5. Question
    Juan Contributes\( \$ 65 \) Monthly into an IRA Annuity for 20 Years
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Juan Contributes $65 \$ 65 $65 Monthly into an IRA Annuity for 20 Years

Question 27

Question 27

Short Answer

Juan contributes $65 \$ 65 $65 monthly into an IRA annuity for 20 years. If the account earns 5.6\% annual interest compounded monthly, what is the value of Juan's account after 20 years?

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