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Edna deposited $2200 into a traditional IRA that grew to $7300 at her retirement. If Edna is currently in the 15% tax bracket and is 74 years old, how much tax will she have to …

Edna deposited $2200 into a traditional IRA that grew to $7300 at her retirement. If Edna is currently in the 15% tax bracket and is 74 years old, how much tax will she have to …
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Edna deposited $2200 into a traditional IRA that grew to $7300 at her

retirement. If Edna is currently in the 15% tax bracket and is 74 years old, how
much tax will she have to pay when she withdraws the entire $7300?

asked
User MilesStanfield
by
7.8k points

2 Answers

2 votes

Answer:

The correct answer is $1905

answered
User Bob Tabor
by
8.4k points
4 votes

Answer: 1096

Explanation:

answered
User JonnyG
by
8.7k points
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