Assume you are saving your money in an roth ira so there


Class, if you are 25 years old and you believe you can save $2,500 per year every year until you retire at age 67, how much money will you accumulate if your average rate of return you will earn on your money is 5%? Assume you are saving your money in an Roth IRA, so there will be no tax impacts at all. Show your work or explain you solved this one.

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Financial Management: Assume you are saving your money in an roth ira so there
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