SOLUTION: 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&#
Algebra ->
Finance
-> SOLUTION: 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&#
Log On
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.) Answer by ikleyn(52771) (Show Source):
