Question
You have inherited $10,000 from your wonderful Aunt Bessie. You decide to spend 3,182 on a vacation. The rest you will invest in a Roth
You have inherited $10,000 from your wonderful Aunt Bessie. You decide to spend 3,182 on a vacation. The rest you will invest in a Roth IRA. You expect it to earn 6.3% over the next 45 years. How much will you have to use for retirement in 43 years?
Post your answer as a positive whole number. For example 40,000.
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Financial Management Theory And Practice
Authors: Prasanna Chandra
11th Edition
9355322208, 978-9355322203
