When Jamal graduated from college recently, his parents gave him $1,230 and told him to use it wisely. Jamal decided to use the money to start a retirement account. After doing some research about different options, he put the entire amount into a tax-deferred IRA that pays 12 percent interest, compounded annually. Calculate how much money Jamal will have in his IRA at the end of 10 years, assuming that the interest rate remains the same and that he does not deposit any additional money. Use Exhibit 1-A. (Round time value factor to 3 decimal places and answer to 2 decimal places.) IRA balance 200210657 440 30 25 260.00 0/30 50.056 TOC 10.740 64 1 10.07 TOT 122 00 12 TO 10, VISITES10E11.074 0.13 ON 12 10009 CLEOLOGICO POST SEGOVOZOOT COO 09 RUGOSODOTEL e BEDO PCOS NE IS so so 990 OSSOS OTEL 0902 TERSOM 09822 wox MO TOURGO00022 propor OG OCH COSTE LEO OOT CE 26 CARGAR OE EGET OCZT LOLOTION FCIL LLC TO CO SXSON 002 POS90 DERBEROEPSKOZOROWTO TES KOSC KE CERE OR OR ROOL loc B01 1000 0920 106 GORD 2013 CSS 198 OOS 9 90'S DES LEVY OVERIZZO DIN MOSSEL 1922 DE 16 NE FOR MO CO loce COLE DOL ISP09 O DESSERUNA COOL LISTEN OSOS CSERE ME LOOR OROSZ CSELIZ TORTO GO 190 CE SOK OBCZ 261001 BORSKO Roll TOT SOVI RT OL 19 ODEROS OOTT JOT 100 OSLO OSTEO WE WI 22 0.004 2011 0-16 4.768 2052/15 200074356 10011721252197 600 149 TO 17021842 1374 1.443 17 1,48215201.505602 1300 1.643 1272 10% 149 Period 26 TODOZGODITS OPAL ACE ISO ISIZ COOT LOROWANIE ARCZE 1000000 ICCOLTO ber cor ONE SOLT USPE 01 ZPUS JELE OECD 966 094 12800SCRIZ TOTE 61 51 120 10.2009 21200 114091 40 2892 7.612 1.811 150 13.585 3.0231 6.848 4.2925.427 1.64 1 282 . 2 4.005 1.000 1220 011 3761/ 2.102 2,527 1.754 1.2010 550 380 2,407 2026 1702 4.320505416.893 1.653 1.0482.292 2.6933.159 1/400 1.134 12 3,970595 1.878 13731 1.12 16 1774.785 1.8012.07923972.759 3.1723,042 1.232 24100024923883 1.665 1.469 20131308 23252 2012 116 1.601 2.8533.152 1.7101.898 2.105 1.539 1.384 1.116 11 201091671 1.9071 1629 1.480 1304 1105 10 1.9992172 1.423 1.305 1.105 1,094 0 10 1109 11207 1.172 1.000 2.076 1.8281.949 1.500 1.310 18/0 1,621772 1557 1.419 11340 1.265 1.120 1.605 1469 1338 1.226 1.217 1.159 1.104 1.511 146 311 1.262 1170 1126 1.082 1.331 1.295 1.2251 1.1581.101 1:125 1,061 11210 112 1.082 1.020 1.100 1.070 1.010 1 105 750 5% Period Exhibit 1-A Future value (compounded sum) of si after a given number of time periods UILLET 2016/67 TOZZI ESEZ BEZ DESIREET OCT 06 IZT OCSIZ OSZ OCT 1689 1 ISST DOTE RT 1591 1909 LOVIT LOG 19TEST COT ODET 0121 0925 991 COLE . 0601 ORTE DOT OSOT HE 56 SE CDZ T 12E OZ 6011 ZONE COOL ICOT OCOT S COOT 1901 osoft 00T OZOTT 090't +
