please helppppp
Brandon wants to retire in 42 years. He makes annual contributions to a Traditional IRA in the amount of $2,200. He is taxed at 33% today, but anticipates that will change to 15% in his retirement. If the average annual rate of return on the account is 4.9%, what is the effective value of Brandon’s IRA account when he retires?

$194,240.39

$246,424.38

$259,419.03

$260,919.93

Question

please helppppp
Brandon wants to retire in 42 years. He makes annual contributions to a Traditional IRA in the amount of $2,200. He is taxed at 33% today, but anticipates that will change to 15% in his retirement. If the average annual rate of return on the account is 4.9%, what is the effective value of Brandon’s IRA account when he retires?
 
$194,240.39 

$246,424.38 

$259,419.03 

$260,919.93

anonymous · Answer

@ankit042

anonymous · Answer

You lost me at triditional ira

anonymous · Answer

Lol, do you know anyone that may know this?????

anonymous · Answer

how much is he earning now? before retiarment

anonymous · Answer

it doesnt say

anonymous · Answer

Pray* breathe* circle question*hopeforbest* eatbanana*sleep* or maybe it gives you the percentage of how much he needs to pay with the giving amount he earns as underfined so maybe you can google :P for x with what percntage gives

anonymous · Answer

what you talking a about mr jack198

anonymous · Answer

nvm