Solve the problem.To save for retirement, you decide to deposit $1250 into an IRA at the end of each year for the next 40 years. If the interest rate is 9% per year compounded annually, find the value of the IRA after 40 years. (Round to the nearest dollar.)
A. $422,353
B. $15,206,699
C. $386,333
D. $38,012
Answer: A
Mathematics
You might also like to view...
Find all values that make the expression undefined.
A. 6, -6 B. 5, -3 C. 0 D. -5, -3
Mathematics
Solve the system using a graphing calculator capable of performing row operations. Give solutions with values correct to the nearest thousandth.x - 0.9y + z = -8
x - y + 2z =
6.2x + 16y - 5z =
A. {(4.729, 7.426, 3.652)} B. {(3.628, 5.029, 3.719)} C. {(-4.259, 3.107, 2.517)} D. {(-5.072, 3.306, 3.760)}
Mathematics
How many outfits consisting of a suit and a tie can a man select if he has three suits and eight ties?
Fill in the blank(s) with the appropriate word(s).
Mathematics
Use synthetic division to decide whether the given number is a zero of the given polynomial.; P(x) = 2x6 + 5x4 + 4x2 - 44
A. No B. Yes
Mathematics