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 2 years ago
Cooper makes annual contributions in the amount of $3,250, on average, to a Roth IRA. He wants to retire in 28 years. He is currently taxed in the 35% tax bracket, but anticipates being taxed at 25% in his retirement years. If the average annual rate of return on his account is 4.1%, what is the net value of Cooper’s Roth IRA account at retirement?
$41,229.31
$107,196.21
$133,067.24
$142,167.24
 2 years ago
Cooper makes annual contributions in the amount of $3,250, on average, to a Roth IRA. He wants to retire in 28 years. He is currently taxed in the 35% tax bracket, but anticipates being taxed at 25% in his retirement years. If the average annual rate of return on his account is 4.1%, what is the net value of Cooper’s Roth IRA account at retirement? $41,229.31 $107,196.21 $133,067.24 $142,167.24

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NotTim
 2 years ago
Best ResponseYou've already chosen the best response.0this looks like an annuity. jsut plug and play right?

shawba
 2 years ago
Best ResponseYou've already chosen the best response.0no one helps me when i go in math so i did it in open study, ain't that what it's for??

Carniel
 2 years ago
Best ResponseYou've already chosen the best response.1Actually no its not. I'm pretty sure if you just post your question there and w8 someone will help you. Plz go there :) Btw @jagatuba Isn't that a little demanding bro e.e?

jagatuba
 2 years ago
Best ResponseYou've already chosen the best response.1Not the first time the user was told bro.

jagatuba
 2 years ago
Best ResponseYou've already chosen the best response.1And I did say please. :)
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