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John makes annual deposits of $1400 to an an IRA earning 10% compounded annually for 18...

John makes annual deposits of $1400 to an an IRA earning 10% compounded annually for 18 years. a) What was the value of his IRA at the end of 18 years? Answer = $ b) How much can John withdraw each year for the next 17 years at 10 % compounded annually? (Hint: Consider John wants his money back from IRA, in other words, IRA now owes him money. Which formula do you need to use?)

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