Ira Roth opens up a Roth IRA and places $5,000 in his retirement account at the beginning of
each year for 25 years. He believes the account will earn 9 percent interest per year, compounded
monthly.
How much will he have in his retirement account in 25 years?
A) $490,000.58 B) $490,165.32 C) $355,900.96 D) $390,000.58
B
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Nilo Inc. sold an asset to PPQ Partnership, which is unrelated to Nilo. PPQ immediately sold the property to Nilo Western Inc., which is a 100% controlled Nilo subsidiary. The IRS could treat the two sales as one sale of the asset by Nilo to Nilo Western by applying the:
A. Constructive payment doctrine B. Assignment of income doctrine C. Step transaction doctrine D. Economic substance doctrine
In which of the following cases do the developing countries encourage foreign investment?
A) Companies producing quality consumer goods because these firms bring a variety of needed products at reasonable prices for consumers B) Companies producing goods for export C) Companies investing in telecommunications and transportation industries D) Companies investing in the oil and gas industry and other natural resources
During a basketball game, Brendon sees an advertisement for "Swift" running shoes in a huge digital screen at Citygate Sports Arena. This is an example of
A. digital mobile billboards. B. network advertising. C. specialty advertising. D. aerial advertising. E. video advertising networks.
A measure of inflation that represents prices of various products, such as groceries, household products, housing, and gasoline is the ________ index
A) consumer price B) cost of living C) inflationary D) household