EmTerrell2381 EmTerrell2381

02-08-2024
Business

Answered

Ricky and Sharon married at age 22, started a family, and bought a house. At age 30, they began making a $4000 contribution to a traditional IRA. They continued making these contributions annually until age 60. If the average return on their investment was 8%, how much was in the IRA at age 60? What was their total investment?

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