You are a staff accountant at Anderson & Paul, a CPA firm located in downtown San Diego. A long-time client, Brady Patterson, has contacted you with a request. Brady is 32 years old, is beginning to think about saving for retirement, and has some questions. He is confused about the differences between a Roth IRA and a Traditional IRA and needs your advice. He wants you to prepare an Excel model that he can use to test the differences in a Traditional versus Roth IRA. Based on your discussion with Brady, the Excel model should cover a ten-year period. Your model should be comprised of the following parts:
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