James wants to convert 30000 balance in his traditional ira


James wants to convert $30,000 balance in his traditional IRA account into a Roth IRA. What is the account value in 35 years assuming expected growth of 5.7% and current tax rate of 25% and expected marginal tax rate at time of first distribution of 28% in the converted Roth account and if he does not convert the traditional IRA account?

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Financial Management: James wants to convert 30000 balance in his traditional ira
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