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Someone in the 36 percent tax bracket can earn 8 percent annually on her investments in...

Someone in the 36 percent tax bracket can earn 8 percent annually on her investments in a tax-exempt IRA account. What will be the value of a one-time $12,000 investment in 5 years? 10 years? 20 years? You may use Appendix C to answer the questions. Do not round intermediate calculations. Round your answers to the nearest dollar.

in 5 years $:

in 10 years $:

in 20 years $:

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