Question
Tony will invest $3,000 in an IRA for the next 30 years starting at the end of this year. The investment will earn 13 percent
Tony will invest $3,000 in an IRA for the next 30 years starting at the end of this year. The investment will earn 13 percent annually. How much will she have at the end of 30 years? (Round the number.)
a. $912,334
b. $1,233,450
c. $748,212
d. $897,598
e. none of the answers is correct.
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Personal Finance
Authors: Jack Kapoor
13th Edition
1260799735, 9781260799736
