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25 January, 19:20

A Roth Individual Retirement Account allows you to draw a fixed amount that is not taxed. The maximum amount that an individual can contribute annually to a Roth IRA is $5,000. Determine the future value of such an account given that the annual percent rate is 1.2%, and an annual payment of $2,675.32 is made at the end of each year for 30 years. Round to the nearest cent.

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  1. 25 January, 20:36
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    A roth individual retirement account allows you to draw a fixed amount that is not taxed. let me know if im right
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