June Watson is contributing $1,500 each year to a Roth IRA. The IRA earns 3.9% per year. How much will she have at the end of 25 years?

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 15E
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June Watson is contributing $1,500 each year to a Roth IRA. The IRA earns 3.9% per year. How much will she have at the end of 25 years?
***
If June's first payment is made with the establishment of the Roth IRA she will have $
Transcribed Image Text:June Watson is contributing $1,500 each year to a Roth IRA. The IRA earns 3.9% per year. How much will she have at the end of 25 years? *** If June's first payment is made with the establishment of the Roth IRA she will have $
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