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28 October, 19:24

Larry wants to start an IRA that will have $810,000 in it when he retires in 19 years. How much should he invest semiannually in his IRA to do this if the interest is 8% compounded semiannually?

A) $9408.85

B) $29,272.28

C) $9421.85

D) 7176.10

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Answers (1)
  1. 28 October, 20:47
    0
    The way I calculated it shows the answe would be a
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