Suppose that at age 25, you decide to save for retirement by depositing $95 at the end of every month in an IRA that pays 4.25% compounded monthly. How much will you have from the IRA when you retire...

Suppose that at age 25, you decide to save for<br>retirement by depositing $95 at the end of every<br>month in an IRA that pays 4.25% compounded<br>monthly. How much will you have from the IRA when<br>you retire at age 65? Find the interest.<br>O $119,567; $73,967<br>$118,696; $73,096<br>$146,390; $100,790<br>O $12,735,807,037,013; $12,735,806,991,413<br>

Extracted text: Suppose that at age 25, you decide to save for retirement by depositing $95 at the end of every month in an IRA that pays 4.25% compounded monthly. How much will you have from the IRA when you retire at age 65? Find the interest. O $119,567; $73,967 $118,696; $73,096 $146,390; $100,790 O $12,735,807,037,013; $12,735,806,991,413

Jun 05, 2022

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Suppose that at age 25, you decide to save for retirement by depositing $95 at the end of every month in an IRA that pays 4.25% compounded monthly. How much will you have from the IRA when you retire...

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