Question: at age 22 someone sets up an IRA eith an apr of 6%. at the end of each month he deposits $70 in the account.
at age 22 someone sets up an IRA eith an apr of 6%. at the end of each month he deposits $70 in the account. how much will the ira contain when he retires at age 65? compare that amount to the total deposits made over the time period.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
