Question: Please help me find the correct answers ch 2 a. Someone in the 36 percent tax bracket can eam 8 percent annually on her investments

 Please help me find the correct answers ch 2 a. Someone

Please help me find the correct answers

ch 2

a. Someone in the 36 percent tax bracket can eam 8 percent annually on her investments in a tax-exempt IRA account. What will be the real value of a one-time $15,000 investment in 5 years? 10 years? 20 years? Assume that the rate of inflation during all these periods was 4 percent a year. You may use Appendix C to answer the questions. Do not round intermediate calculations. Round your answers to the nearest dollar. In 5 years: in 10 years: $ in 20 years:$ 18249 22204 7014 b. Someone in the 15 percent tax bracket can eam 14 percent annually on his inwestments in a tax-exempt IRA account. What will be the real value of a one-time $15,000 investment in 5 years? 10 years? 20 years? Assume that the rate of inflation during al these periods was 4 percent a year. You may use Appendix C to answer the questions. Do not round intermediate calculations. Round your answers to the nearest dollar. in 5 years: 24150 in 10 years:$ 38906 in 20 years:$ 62659

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