1
answer
0
watching
105
views
blackwasp546Lv1
6 Nov 2019
Starting at age 35, you deposit $2000 a year into an IRA account for retirement Treat the yearly deposits into the account as a continuous income stream. If money in the account earns 6%. will be in the account 30 years later, when you retire at age 65? How much of the final amount is interest? What is the value of the IRA when you turn 65? (Round to the nearest dollar as needed.) How much of the future value is interest? (Round to the nearest dollar as needed.) Show transcribed image text
Starting at age 35, you deposit $2000 a year into an IRA account for retirement Treat the yearly deposits into the account as a continuous income stream. If money in the account earns 6%. will be in the account 30 years later, when you retire at age 65? How much of the final amount is interest? What is the value of the IRA when you turn 65? (Round to the nearest dollar as needed.) How much of the future value is interest? (Round to the nearest dollar as needed.)
Show transcribed image text Lelia LubowitzLv2
22 Jul 2019