Question
In: Finance
How much will you accumulate if you invest $2000 per year into a retirement plan (e.g.,...
How much will you accumulate if you invest $2000 per year into a
retirement plan (e.g., Roth IRA) for 40 years if you can earn an
annualized rate of 9.00%? (Round answer to nearest
whole number)
options:
$62819.
$670431.
$22176.
Place the following Automated Clearing House or hybrid process steps in order:
| I. | Sign check. | |
| II. | Record check information with device. | |
| III. | Deduct payment after bank receives information. | |
| IV. | Merchant system sends check data to ACH operator. |
$675765.
Solutions
jeff jeffy answered 1 year agoRelated Solutions
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PLEASE ANSWER WITH EXCEL
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$5,000
per year with the first investment made one year from now. You
think you can earn
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per year on your investments and you plan to retire in
43
years, immediately after making your last
$5,000
investment.
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you retire?
b. If, instead of investing
$5,000
per year, you wanted to...
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