Ask Question
14 January, 14:19

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.

+2
Answers (1)
  1. 14 January, 14:26
    0
    A roth individual retirement account allows you to draw a fixed amount that is not taxed. let me know if im right
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A Roth Individual Retirement Account allows you to draw a fixed amount that is not taxed. The maximum amount that an individual can ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers