What is the future worth of her ira at age sixty five, Microeconomics

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What is the future worth of her ira at age sixty five

Problem

A new engineer is considering investing in an individual retirement account (IRA) with a mutual fund that has an average annual return of 10%. What is the future worth of her IRA at age 65 if she makes annual investments of $2000 into the fund beginning on her 25th birthday? Assume that the fund continues to earn an annual return of 10%.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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