Question: W WE REU.. Connect -... About CD i Trans Question 6 1 pts Find FV for Annuity. Mrs. Smith expects to deposit $3000 it into
W WE REU.. Connect -... About CD i Trans Question 6 1 pts Find FV for Annuity. Mrs. Smith expects to deposit $3000 it into an IRA at the end of every year, with an expected average annual return of 7.5 percent. How much will the savings be worth 25 years from now, when she plans to retire? $222.229 $274,868 $286,063 $203,934 $219.229 Question 7 1 pts Find FV for Annuity. Mr. Smith has an IRA with a balance of $3000 today. He plans to add $3000 at the beginning of every year for 25 years and expects to earn an average annual return of 7.03 percent. How much will the IRA be worth 25 years in the future, when he plans to retire? $286,063 $200, 390 $274,868 $320,295 $220,360
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