Assume that A contributes $2 000 every end of the year into a retirement account paying 8%. If A retires in 30 years, how much will she have? Select one: a. $226 566 b. $216 566 c. $206 566 d. $236 566
Assume that A contributes $2 000 every end of the year into a retirement account paying 8%. If A retires in 30 years, how much will she have? Select one: a. $226 566 b. $216 566 c. $206 566 d. $236 566
Chapter2: Gross Income And Exclusions
Section: Chapter Questions
Problem 14MCQ
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Question
Assume that A contributes $2 000 every end of the year into a retirement account paying 8%. If A retires in 30 years, how much will she have?
Select one:
a. $226 566
b. $216 566
c. $206 566
d. $236 566
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