June Watson is contributing $4,500 each year to a Roth IRA. The IRA earns 3.2%...

70.2K

Verified Solution

Question

Accounting

image
June Watson is contributing $4,500 each year to a Roth IRA. The IRA earns 3.2% per year, How much will she have at the end of 35 years? If June's first payment is made with the establishment of the Roth IRA, she will have 5 (Round to the nearest cent at peeded)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students