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Sondra deposits $2,900 in an IRA account on April 15, 2021. Assume the account will earn 3% annually. If she repeats this for the next

Sondra deposits $2,900 in an IRA account on April 15, 2021. Assume the account will earn 3% annually. If she repeats this for the next 9 years, how much will she have on deposit on April 14, 2030?

Multiple Choice

  • $33,380.
  • $31,863.
  • $30,345.
  • $36,414.

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