Register

To save for retirement at age 27 you start depositing $275 at the end of each month in an IRA that pays 5.75% compounded monthly. How much will you have in the IRA if you plan t…

To save for retirement at age 27 you start depositing $275 at the end of each month in an IRA that pays 5.75% compounded monthly. How much will you have in the IRA if you plan t…
asked 222k views
4 votes
To save for retirement at age 27 you start depositing $275 at the end of each month in an IRA that pays 5.75% compounded monthly.

How much will you have in the IRA if you plan to retire at 65?

I need also to find the interest. ​

asked
User Ramadan
by
7.6k points

1 Answer

1 vote

Answer:

81972

Explanation:

Help this help

answered
User Tonicbupt
by
7.3k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!