On Her Birthday 25 Year Old Engineer

On her birthday, a 25-year-old engineer is considering investing in an individual retirement account (IRA). After some research, she finds a mutual fund with an average return of 10% per year. What is the future worth of her IRA at age 65 if she makes annual investments of $2000 into the fund beginning on her 25th birthday? Assume that the fund continues to earn an annual return of 10%.

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