This topic contains a solution. Click here to go to the answer

Author Question: James plans to fund his individual retirement account, beginning today, with annual deposits of ... (Read 96 times)

danielfitts88

  • Hero Member
  • *****
  • Posts: 535
James plans to fund his individual retirement account, beginning today, with annual deposits of $2,000, which he will continue for the next 20 years. If he can earn an annual compound rate of 8 percent on his deposits, the amount in the account upon retirement would be (Round to the nearest whole dollar)
◦ $19,636.
◦ $91,524.
◦ $98,846.
◦ $21,207.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by danielfitts88 on Apr 25, 2021

TINA

  • Sr. Member
  • ****
  • Posts: 336
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 30% of students answer this correctly




danielfitts88

  • Member
  • Posts: 535
Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)


shailee

  • Member
  • Posts: 392
Reply 3 on: Yesterday
Excellent

 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

The average adult has about 21 square feet of skin.

For a complete list of videos, visit our video library