Today you decide to invest $4,000 in EVERY year from October 1, 2021 in a ROTH IRA (a year from now). You promise yourself to invest $4,000 every year thereafter for the next 45 years. What is the value of your ROTH if you got 7% per year rate of return in 45 years? $798,541 $1,142,997 $1,272,199 $967,396 Which one of the following qualifies as NOT an annuity? WHAT IS ANNUITY ? Your weekly grocery bills A settlement after your motorcycle accident that pays you $10,000 a year for 4 years A car loan for 60 months A 30 year home mortgage Lester S. Hill pays 1.5 percent per month interest on his credit card account. When his monthly rate is multiplied by 12, the resulting answer is referred to as the: annual percentage rate. o the real rate of return. o the compounded rate of return. o the effective annual rate