Posted: February 12th, 2016
Dan plans to fund his IRA with a contribution of $2,000 at the end of each year for the next 10 years. If he earns 10% on his contributions how much will he have at the end of the 10th year.
Dan plans to fund his IRA with a contribution of $2,000 at the end of each year for the next 10 years. If he earns 10% on his contributions how much will he have at the end of the 10th year.
A. $12,290
B. $51,880
C. $31,874
D. $20,000
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.