Logan starts an IRA (Individual Retirement Account) at the age of 30 to save for retirement. He deposits $⁢400 each month. Upon retirement at the age of 65, his retirement savings is $⁢943,445.01. Determine the amount of money Logan deposited over the length of the investment.  Round to the nearest thousand dollars.

At age 19, someone sets up an IRA (individual retirement account) with an APR of 8%. At the end of each month he deposits $95 in the account. How much will the IRA contain when he retires at age 65? Compare that amount to the total deposits made over the time period. After retirement the IRA will contain $ (Do not round until the final answer. Then round to the nearest cent as needed.)

To prepare for his retirement in 13 years, Tekla deposited 10,000 in an account paying 9%. Nine years after, he deposited another 10,000. How much will be available at his retirement? *

John deposit $400 monthly into a saving fund, 16 years later he will receive $100000, find out the interest rate per annual.

Jeremy and Bill each have $69,901 to invest in a retirement account whose annual rate is 2.4% with monthly compounding. Jeremy invests his money all at once, whereas Bill decides to make 127 monthly deposits (of the same amount). How many months will Jeremy need to wait in order to have the same amount that Bill will have immediately after his last deposit? Round your answer to the nearest month.

If Liam wants to withdraw $19,626.57 every month from his retirement account that pays 7.67%/year for 25 years after he retires. How much should he deposit EVERY MONTH for his 43 years of employment if he starts with an original deposit of $5,357,392.19.

Dick Eckel recently set up a TDA to save for his retirement. He arranged to have $135 taken out of each of his biweekly checks; it will earn 9 7/8% interest. He just had his twenty-ninth birthday, and his ordinary annuity comes to term when he is 65. Find the following. (a) The future value of the account$ (b) Dick's total contribution to the account$ (c) The total interest$

At age 60, a man established a trust fund of R20 000 which will pay his family a regular amount at the end of each month for 12 years after his death. If he dies at age 65, what monthly sum will the family receive if the fund earns 3% p.a. compounded monthly and if the first payment will be made 1 month after his death?

Upon graduating from college 40 years​ ago, Dr. Nick Riviera was already planning for his retirement. Since​ then, he has made deposits into a retirement fund on a weekly basis in the amount of ​$25.Nick has just completed his final payment and is at last ready to retire. His retirement fund has earned 9 percent compounded weekly. Use five decimal places for the periodic interest rate in your calculations. a.  How much has Nick accumulated in his retirement​ account? b. In addition to​ this, 10 years ago Nick received an inheritance check for ​$20,000 from his beloved uncle. He decided to deposit the entire amount into his retirement fund. What is his current balance in the​ fund?

William North has just inherited $895,000 which he would like to use as part of his retirement nest egg. He invested the funds at a 6.28 percent annual rate compounded annually. William will reach age sixty in 10 years and will retire early. Now he would like to know how much he could withdraw from the fund in equal installments at the end of each year from the year he reaches age 60 until he reaches age 70¹2, the year he must start withdrawing funds from his individual retirement account (IRA). William assumes the funds will continue to earn at a 6.28 percent annual rate. In other words, William would like to know the annual year-end payment from an eleven-year annuity (from age 60 to the year he will be 70¹2), earning 6.28 percent annually. Round the answer to two decimal places.