Question: Word Problem 12-29 (Static) [LU 12-2 (2)] If you saved your tax refund $12,900,87, quit buying vendor coffee for one year $4,483,97 and decided to

Word Problem 12-29 (Static) [LU 12-2 (2)] If you saved your tax refund $12,900,87, quit buying vendor coffee for one year $4,483,97 and decided to contribute $2.400 (you saved $200 per month) in your Roth IRA, how much would you have for retirement if you could invest these savings at 5% compounded annually for 30 years for this one year of savings? (Use the Table 12.1 provided) (Round your answer to two decimal places.) Amount saved for Retirement

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