Ashley made contributions to a Roth IRA over the course of 29 working years. His contributions averaged $1,700 annually. Ashley was in the 29% tax bracket during his working years. The average annual rate of return on the account was 7%. Upon retirement, Ashley stopped working and making Roth IRA contributions. Instead, he started living on withdrawals from the retirement account. At this point, Ashley dropped into the 20% tax bracket. Factoring in taxes, what is the effective value of Ashley’s Roth IRA at retirement? Assume annual compounding.

Hey! We 've verified this expert answer for you, click below to unlock the details :)

I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!

does this have multiple choices @AlmightySosa300

$158,477.81
$138,629.10
$134,192.10
$144,052.10

o Ok that would be defintinly C cause i worked everything out and I gt 134,192.100

Looking for something else?

Not the answer you are looking for? Search for more explanations.

## More answers

Looking for something else?

Not the answer you are looking for? Search for more explanations.