Question
PLEASE HELP, I Posted this question 2 times and both were wrong. PLEASE HELP and THANK YOU!. Lisa and Mark married at age 20. Each
PLEASE HELP, I Posted this question 2 times and both were wrong. PLEASE HELP and THANK YOU!.
Lisa and Mark married at age 20. Each year until their 30th birthdays, they put $3,400 into their traditional IRAs. By age , By age 30 they had bought a home and started a family. Although they continued to make contributions to their employer-sponsored retirement plans, they made no more contributions to their IRAs. If they receive an average annual return of 6%, how much will they have in their IRAs by age 70 ? What was their total investment?
If they receive an average annual return of 6%, the amount they will have in their IRAs by age 70 is $ _________(Round to the nearest dollar.)
Their total investment was $_____________
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