Question: 20 points. Given Social Security will NOT exist when you want to retire you are proactively investing for your own retirement. Beginning today, you will
20 points. Given Social Security will NOT exist when you want to retire you are proactively investing for your own retirement. Beginning today, you will contribute the first of 20 yearly after-tax dollar payments of $6,500 into your Roth Individual Retirement Account (IRA). After these payments, no additional funds will be deposited nor withdrawn until 2062. If your expected rate of return is 7 percent, how much will your Roth IRA be worth in 2062
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