Question
At age 16 you put $2,000 at the end of each year for 4 years into an IRA that earned a rate of 9%, how
At age 16 you put $2,000 at the end of each year for 4 years into an IRA that earned a rate of 9%, how much would you have accumulated by age 65? Assume funds are left to accumulate for 45 years (age 20 - 65) at 9%.
| A. a. $442,001 | |
| B. b. $386,616 | |
| C. c. $1,767,995 | |
| D. d. $9,146 |
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Handbook Of Financial Risk Management
Authors: Thierry Roncalli
1st Edition
1138501875, 978-1138501874
