Question

Help?

Yon made contributions to a Traditional IRA over the course of 30 working years. Her contributions averaged $5,000 annually. Yon was in the 27% tax bracket during her working years. The average annual rate of return on the account was 3%. Upon retirement, Yon stopped working and making IRA contributions. Instead, she started living on withdrawals from the retirement account. At this point, Yon dropped into the 15% tax bracket. Factoring in taxes, what is the effective value of Yon’s Traditional IRA at retirement? Assume annual compounding.

$209,331.83

$173,650.27

$343,862

Answer 1

@jdoe0001 help please?

Answer 2

@goformit100 help please?

Answer 3

The last option is $202,195.52 by the way, it just didn't fit

Answer 4

@shamil98 can you help me?

Answer 5

Sorry ma'am I don't have this chapter in my school coarse... Sarry

Answer 6

:/

Answer 7

wow what grade r u in mam?

Answer 8

Senior

Answer 9

oh wow i cant help sry im a freashie* dem freashie arnt smart yet*

Answer 10

Can anyone please help me with this question?

Answer 11

I am so sorry but I can't help cause I'm in 6th grade... but you can go to khan academy... I always go their when I need help hope it works for you @bakonloverk

Answer 12

@robtobey help please?

Answer 13

anyone?