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a. Sorneone in the 36 percent tax brackat can earn 7 percent anmually on her irivestments in a tav-exempt IRA account. What =ill be the

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a. Sorneone in the 36 percent tax brackat can earn 7 percent anmually on her irivestments in a tav-exempt IRA account. What =ill be the real value of a one-tine 1t0.000 lnveitment in 5 Years? 10 years? 20 years? Assume that the rate of infation during all these perlods nas 2 percent a yeat You may use Appendx C to anizes the questions. Do not found internediate calculations. Round your answers to the nearest dollar. in 5 years: 3 in 10 vearst 3 in 20 years: 1 calaiations. Round your answers to the nearest dolas. in 5 vears: 1 in 10 vearst 5 in 20 vears: 5 TABLE C.3 APPENDIX Future Value of $1 at the End of n Periods

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