Question 9 (Mandatory) (5 points) Listen You open a Roth IRA and place $4,000 in your...
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Question 9 (Mandatory) (5 points) Listen You open a Roth IRA and place $4,000 in your retirement account at the end of each year for 15 years. You estimate that your account will earn 6% per year on an annual basis. How much will you have in your account at the end of 15 years? A/ Question 10 (Mandatory) (5 points) Listen Travis wants to retire in 30 years at age 62 to the Bahamas. He wants to receive $50,000 per year for 20 years after he retires. Assuming he can earn 5% per year compounded annually, how much does he need to invest today, at 32 years old to fund his retirement? Question 9 (Mandatory) (5 points) Listen You open a Roth IRA and place $4,000 in your retirement account at the end of each year for 15 years. You estimate that your account will earn 6% per year on an annual basis. How much will you have in your account at the end of 15 years? A/ Question 10 (Mandatory) (5 points) Listen Travis wants to retire in 30 years at age 62 to the Bahamas. He wants to receive $50,000 per year for 20 years after he retires. Assuming he can earn 5% per year compounded annually, how much does he need to invest today, at 32 years old to fund his retirement?
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