If you saved your tax refund $11,465.42, quit buying vendor coffee for one year $9,046.01 and decided to contribute $7,680 (you saved $640 per month) in your Roth IRA, how much would you have for retirement if you could invest these savings at 6% compounded annually for 30 years for this one year of savings?

$161916.54

Step-by-step explanation:

Total Amount to be invested = $11,465.42+9,046.01 +7,680

P=$28191.43

These amount is to be invested at 6% compounded annually for 30 years.

Amount at compound interest

r=6%=0.06

n=30 years

Therefore, after 30 years, the amount in the retirement account

Therefore, if this one year of savings is invested at 6% compounded annually, the amount you would have for retirement is $161916.54.

i need the table so i can see

step-by-step explanation:

a) 7x=7

step-by-step explanation: