A 28-year old woman has $363,150.00 in an IRA account. Due to medical concerns of a family member, she decided to make no additional contributions to the account but expect it to grow at 6.5% compounded every 4 months. How much does she expect to have in the account when she retires at age 62? The IRA should be worth $. (Round t 2

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section: Chapter Questions
Problem 29RE: Alejandro deposits $80 of his monthly earnings into an annuity that earns 6.25% annual interest,...
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A 28-year old woman has $363,150.00 in an IRA account. Due to medical concerns of a family member, she decided to make no additional contributions to the account but expect it to grow at 6.5% compounded every 4 months. How much does she expect to have in the account when she retires at age 62?

The IRA should be worth $. (Round t 2

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