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Business, 18.01.2021 21:10 22kbachep9igbr

Future Value of Annuity. Twins Jessica andJoshua, both 25, graduated from college andbegan working in the family restaurant business. The first year, Jessica began putting $2,000 peryear in an individual retirement account andcontributed to it for a total of ten years. After tenyears, she made no further contributions untilshe retired at age 65. Joshua did not start makingcontributions to his individual retirement accountuntil he was 35, but he continued making contributions of $2,000 each year until he retired at age 65.Assuming that both Jessica and Joshua receive10% interest per year, how much will Jessica haveat retirement

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