plans to fund his individual retirement account (IRA) with a maximum
contribution of $2000 at the end of each year for the next 20 years/ If Tom can
earn 12% on his contributions, how much will he have at the end of 20th
year. (Round to nearest whole dollar)
Thank you for the opportunity to help you with your question!
Answer : $161397.47 Nearest whole dollar = $ 161397
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