Question

Please help, I'm so lost!!

Cooper makes annual contributions in the amount of $3175, on average, to a Roth IRA. he wants to retire in 34 years. he is currently taxed in the 33% tax bracket, but anticipates being taxed at 15% in his retirement years. if the average annual rate of return on his account is 5.3% what is the net value of his roth ira at retirement?

243,828.55
251,233.62
270,664.62
286,857.12

Answer 1

Maybe I can help you on this one instead

Answer 2

yes, maybe! :)

Answer 3

Ok yeah... Still no clue

Answer 4

oh well, it's okay!

Answer 5

I'm really sorry. I'm only in 10th grade. I don't know this. I was literally trying to learn it as I taught it