Solve the problem.To save for retirement, Sue decides to deposit $2000 into an IRA at the end of each year for the next 40 years. If the interest rate is 5% per year compounded annually, find the value of the IRA after 40 years. (Round to the nearest dollar.)
A. $228,190
B. $241,600
C. $12,080
D. $1,581,497
Answer: B
Mathematics
You might also like to view...
Use the Trapezoidal Rule with n = 4 steps to estimate the integral.
A. -(1 + 
) ?
B. - 
?
C. - 
?
D. - 
?
Mathematics
Find the area of the region specified in polar coordinates.One petal of the rose curve r = 10 cos 3?
A. 25?
B. 50?
C. 
?
D. 
?
Mathematics
Find the exact value of the trigonometric expression without the use of a calculator.cos
A. - 
B. - 
C. - 
D. 
Mathematics
Divide. Write with positive exponents.
A. -3 + 
B. 15x6 + 
C. -3 - 20x4
D. -3 + 4x2
Mathematics