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How much will you accumulate if you invest $2000 per year into a retirement plan (e.g.,...

How much will you accumulate if you invest $2000 per year into a retirement plan (e.g., Roth IRA) for 40 years if you can earn an annualized rate of 9.00%? (Round answer to nearest whole number)
options:

$62819.

$670431.

$22176.

Place the following Automated Clearing House or hybrid process steps in order:

I. Sign check.
II. Record check information with device.
III. Deduct payment after bank receives information.
IV. Merchant system sends check data to ACH operator.

$675765.

Solutions

Expert Solution

jeff jeffy answered 1 year ago
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