Bobby's best friend is 27 and deposits $2,000 at the end of each year into an individual retirement account (ira). if the account earns 10% compounded annually, how much will he have when he retires 38 years later?

If he gets 10% of 2000 dollars annually, then he gets 200 a year, hence it would be solved like this
2000 + (200x38)
Which equals too $9600

The academic affairs council is the highest expert body processing academic affairs, as stipulated by the university statutes. specialist aaro häkkinen (educational policy) took part in the council’s meeting. the agenda of the meeting included bachelors’ feedback, the timing of pedagogical studies, the grant system for tuition fees, the standardisation of administrative practices for internships and the situation of foreign-language and multilingual master’s programmes.