Question

Cooper makes annual contributions in the amount of $3,250, on average, to a Roth IRA. He wants to retire in 28 years. He is currently taxed in the 35% tax bracket, but anticipates being taxed at 25% in his retirement years. If the average annual rate of return on his account is 4.1%, what is the net value of Cooper’s Roth IRA account at retirement?

$41,229.31

$107,196.21

$133,067.24

$142,167.24

Answer 1

this looks like an annuity. jsut plug and play right?

Answer 2

ok
i'll try

Answer 3

Math group please.

Answer 4

no one helps me when i go in math so i did it in open study, ain't that what it's for??

Answer 5

Actually no its not. I'm pretty sure if you just post your question there and w8 someone will help you. Plz go there :) Btw @jagatuba Isn't that a little demanding bro e.e?

Answer 6

ok thanks

Answer 7

No problem ^_^

Answer 8

Not the first time the user was told bro.

Answer 9

And I did say please. :)