Mathematics, 25.09.2019 15:00 queenbroookk
Lonny is 42 years old and starting an ira(individual retirement account). he is going to invest $350 at the beginning of each month. the account is expected to earn 1.5% interest, compounded monthly. how much money, rounded to the nearest dollar, will lonny have in his ira if he wants to retire at age 62? (show work)
a= $97.890
b= $98,012
c= $48,909
d= $49,032
Answers: 2
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Lonny is 42 years old and starting an ira(individual retirement account). he is going to invest $350...
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