Meagan invests $1,200 each year in an IRA for 12 years in an account that earned 5% compounded annually.

Meagan invests $1,200 each year in an IRA for 12 years in an account that earned 5% compounded annually.  At the end of 12 years, she stopped making payments to the account, but continued to invest her accumulated amount at 5% compounded annually for the next 11 years.

What was the value of the Ira at the end of 12 years?

Order the answer to view it

Assignment Solutions
Assignment Solutions

ORDER THIS OR A SIMILAR PAPER AND GET 20% DICOUNT ON YOUR FIRST THREE PAPERS WITH US. USE CODE GET2O ORDER NOW