Question: Help Save & Exit Present and future value tables of $1 at 3% are presented below: 3025 on. N V $1 PV $1 FVA $1
Help Save & Exit Present and future value tables of $1 at 3% are presented below: 3025 on. N V $1 PV $1 FVA $1 PVA $1 1 1.03000 10.97087 1.0000 0.97087 2 1.06090 0.94260 2.0300 1.91347 3 1.09273 0.91514 3.0909 2.82861 4 1.12551 0.88849 4.1836 3.71710 1.15927 0.86261 5.3091 4.57971 1.19405 0.83748 6.4684 5.41719 7 1.22987 0.81309 7.6625 6.23028 8 1.26677 0.78941 8.8923 7.01969 9 1.30477 10.76642 10.1591 7.78611 10 11.34392 0.74409 11.4639 8.53020 11 11.38423 10.72242 12.8078 9.25262 12 1.42576 0.70138 14.1920 9.95400 13 1.46853 0.68095 15.6178 (10.63496 14 1.51259 0.66112 17.0963 111.29607 15 1.55797 0.64186 18.5999 11.93794 16 1.60471 0.62317 20.1569 12.56110 PVAD $1 PVAD $1 1.0300 1.00000 2.0909 1.97087 3.1836 2.91347 4.3091 3.82861 5.4684 4.71710 6.6625 5.57971 7.8923 6.41719 9.1591 7.23028 10.4639 8.01969 11.8078 8.79611 13.1920 9.53020 14.6178 10.25262 16.0863 10.95400 17.5989 11.63496 19.1569 12.29607 20.7616 12.93794 Sondra deposits $2,000 in an IRA account on April 15, 2021. Assume the account will earn 3% annually. If she repeats this for the next nine years, how much will she have on deposit on April 14, 2031
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