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If you saved your tax refund $9,762,63, quit buying vendor coffee for one year $7,236.81, and decided to contribute $2,640 (you saved $220 per
If you saved your tax refund $9,762,63, quit buying vendor coffee for one year $7,236.81, and decided to contribute $2,640 (you saved $220 per month) in your Roth IRA, how much would you have for retirement if you could invest these savings at 6% compounded annually for 30 years for this one year of savings? (Use the Table 12.1 provided.) Note: Round your answer to two decimal places. Amount saved for Retirement
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