Question
A 28-year old woman has $363,150.00 in an IRA account. Due to medical concerns of a family member, she decided to make no additional contributions
A 28-year old woman has $363,150.00 in an IRA account. Due to medical concerns of a family member, she decided to make no additional contributions to the account but expect it to grow at 6.5% compounded every 4 months. How much does she expect to have in the account when she retires at age 62?
The IRA should be worth $ . (Round to 2 decimal places.
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Risk Sensitive Investment Management
Authors: Mark H A Davis, Sébastien Lleo
1st Edition
9814578037, 978-9814578035
