Question: You are graduating from college at the end of this semester and after reading the business of life box in the is chapter, you have decided to invest $ 4,100 at the end of each year into a Roth Ira for the next 41 yrs. If you earn 6% compounded annually on your investment how much will you have when you retired in 41 years. How much will you have if you wait 10 yrs before beginning to save and only make 31 payments into your retirement account?
How much will you have when retire in 41 years? $
How much will you have if you wait 10 yrs before beginning to save and only make 31 payment into your retirement account? $