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a. Somecne in the 36 percent tax bracket can eam & percent annualiy on her investments in a tax-exampt IRA account. What will be the
a. Somecne in the 36 percent tax bracket can eam \& percent annualiy on her investments in a tax-exampt IRA account. What will be the real value of a one-time $11,000 Investment in 5 years? 10 years? 20 years? Assume that the rate of inflation during all these periods was 2 percent a year, You may use Appendox C to answer the questions. Do not round intermediate calculations. Round your answers to the nearest dollar, in 5 years: $ in 10 years: $ t in 20 years: $ b. Someone in the 15 percent tax bracket can earn 12 percent annuaty on his investments in a tax-exempt 194 account. What will be the real value of a one-time $11,000 investment in 5 years? 10 years? 20 years? Assume that the rate of inflation during all these periods was 2 percent a year. You may use Appendor C to ans wer the questions. Do not round intermediate calculations. Round your answers to the nearest dollar. in 5 years: $ in 10 vears: $ in 20 years: 5
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