subject
Business, 29.04.2021 18:30 jamiyacrawford7

When Jamal graduated from college recently, his parents gave him $1,780 and told him to use it wisely. Jamal decided to use the money to start a retirement account. After doing some research about different options, he put the entire amount into a tax-deferred IRA that pays 9 percent interest, compounded annually. Calculate how much money Jamal will have in his IRA at the end of 10 years, assuming that the interest rate remains the same and that he does not deposit any additional money. Use Exhibit 1-A. (Round time value factor to 3 decimal places and final answer to 2 decimal places.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 09:00
What should a food worker use to retrieve ice from an ice machine?
Answers: 1
question
Business, 22.06.2019 21:00
Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.
Answers: 1
question
Business, 23.06.2019 14:30
List the four stages of ability development. provide an example of a person developing a specific ability. what would each stage look like? career planing
Answers: 1
question
Business, 23.06.2019 20:10
Dera diamonds inc. is a premium jeweler. its clientele includes movie stars, politicians, businessmen, and popular socialites. it has a team of jewelry experts that designs jewelry for each of its client from scratch. everything is made to meet the specific requirements of the clients, and no two jewelry pieces produced by this company has ever been identical. this is an example of
Answers: 1
You know the right answer?
When Jamal graduated from college recently, his parents gave him $1,780 and told him to use it wisel...
Questions
question
Mathematics, 16.12.2021 23:50
question
Mathematics, 16.12.2021 23:50
Questions on the website: 13722367