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From the previous video: At age 40 you deposit $150 at the end of each month into an IRA that pays 4% interest
compounded monthly. In the previous question, we found that the value of the annuity at age 65 would be $77,119.43.
How much interest did you earn?
Round your answer to the nearest cent and do NOT include the dollar sign.
Do NOT round until you have calculated the final answer.

Sagot :

Answer: 32119.43

Step-by-step explanation:

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