subject
Mathematics, 26.09.2019 02:00 punkee5375

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.
a. what was the value of the ira at the end of 12 years?
b. what was the value of the investment at the end of the next 11 years?
c. how much interest did she earn?

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 16:30, monica1400
The hawaiian alphabet has 12 letters. how many permutations are posible for each number of letters?
Answers: 3
image
Mathematics, 21.06.2019 17:30, rosie20052019
One positive number is 9 more than twice another. if their product is 95, find the numbers
Answers: 1
image
Mathematics, 21.06.2019 20:00, Serenitybella
2.5 milligrams is equivalent to how many grams
Answers: 2
image
Mathematics, 21.06.2019 22:00, kashbaby
Aschool had an election where the candidates received votes in the ratio 1: 2: 3. if the winning candidate received 210 votes, how many total people voted in the election?
Answers: 1
You know the right answer?
Meagan invests $1,200 each year in an ira for 12 years in an account that earned 5% compounded annua...

Questions in other subjects:

Konu
History, 26.06.2019 21:00