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did i answered these questions correctly? please help Barry Cuda currently has $25,000 in his Roth IRA which has been earning 8%. Barry is planning
did i answered these questions correctly? please help Barry Cuda currently has $25,000 in his Roth IRA which has been earning 8%. Barry is planning on depositing $5500 annually for the next 45 years into this IRA. Assuming Barry's IRA continues earning 8% annually, what will Barry's IRA be worth at the end of 45 years? $2,923,805 $1,924,830 $2,125,805 $1,967,955 Bob Katz would like to save $350,000 over the next 25 years. If Bob knows today that he will be given $100,000 in 20 years as part of an inheritance, how much would Bob need to save annually over the next 25 years assuming he earns 7% interest? $0 $3315 $2745 $1483
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