document.write( "Question 1113286: To save for retirement, you decide to deposit $1250 into an IRA at the end of each year for the next 30 years. If the interest rate is 8% per year compounded annually, find the value of the IRA after 30 years. (Round to the nearest dollar.) \n" ); document.write( "
Algebra.Com's Answer #728306 by ikleyn(52777)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( " \r\n" ); document.write( "Future value of the Ordinary Annuity plan\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "FV =\r \n" ); document.write( "\n" ); document.write( "See the lesson\r \n" ); document.write( "\n" ); document.write( " - Ordinary Annuity saving plans and geometric progressions\r \n" ); document.write( "\n" ); document.write( "in this site.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |