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Sondra deposits $2,600 in an IRA account on April 15, 2021. Assume the account will earn 3% annually. If she repeats this for the next

Sondra deposits $2,600 in an IRA account on April 15, 2021. Assume the account will earn 3% annually. If she repeats this for the next 13 years, how much will she have on deposit on April 14, 2034?

Multiple Choice

  • $46,007.

  • $50,189.

  • $41,824.

  • $43,916.

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