a. Your financial advisor has recommended that you invest into your Roth Individual Retirement Account (Roth IRA) the sum of $5,000. If you put in $5,000 today, what will this investment be worth 20 years from now, if your financial advisor is able to invest your funds into stocks that will create a yield of 8%? (This one has been partially set up for you.)
b. How about at 10% yield?
c. How about at 12% yield? How to do it by Excel?