Mathematics, 01.12.2020 01:10 tommyaberman
If the maximum payment of $5,000 is made into a Individual Retirement Account (IRA) for 25 years at an annual interest rate of 3.2%, determine the amount in the account. Round to the nearest cent.
a. $187,159.62
b. $193,148.73
c. $129,082.99
d. $129,427.21
Answers: 2
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