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Author Question: To save for retirement, you decide to deposit $1750 into an IRA at the end of each year for ... (Read 67 times)

CharlieWard

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Solve.

To save for retirement, you decide to deposit $1750 into an IRA at the end of each year for the next 35 years. If the interest rate is 7% per year compounded annually, find the value of the IRA after 35 years. (Round to the nearest dollar.)
◦ $4,306,956
◦ $16,934
◦ $241,915
◦ $224,453


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Marked as best answer by CharlieWard on Feb 28, 2021

duke02

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CharlieWard

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Reply 2 on: Feb 28, 2021
Excellent


recede

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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