Mathematics, 18.02.2020 17:58 lovelyb32p1waxd

Meagan invests $1,200 each year in an IRA for 12 years in an account that earned 5% compounded annually. At the end of 12 years, she stopped making payments to the account, but continued to invest her accumulated amount at 5% compounded annually for the next 11 years. A. [3 pts] What was the value of the IRA at the end of 12 years? B. [2 pts] What was the value of the investment at the end of the next 11 years?

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Meagan invests $1,200 each year in an IRA for 12 years in an account that earned 5% compounded annua...