Posted by **Reco** on Thursday, June 6, 2013 at 3:31pm.

If a merchant deposits $1,500 annually at the end of each tax year in an IRA account paying interest at the rate of 10%/year compounded annually, how much will she have in her account at the end of 25 years? Round your answer to two decimal places

- Finite Mathematics -
**Charles**, Tuesday, January 6, 2015 at 1:03pm
16,252.06

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