At age 24 someone sats up an IRA (individual retirement account) with an APR of 7%. At the end of each month he deposits $60 in the account. How much will the IRA contain when he retires at age 65? Compare that amount to the total deposits made
After retirement the IRA will contains
(Do not round until the final answer. Then round to the nearest cont as needed)

what is the information provided?

step-by-step explanation:

he earned 78.75 in interest.

step-by-step explanation:

b: y = 2x + 2

step-by-step explanation:

y = 2x + 1

we want a line that is parallel, so it will have the same slope

the line is in the form y= mx+b, so the slope is 2

we have a slope and the y intercept (0,2)

since x is 0 we know the y point which is the y intercept

we can use y= mx+b to write the equation of the line

m is the slope and b is the y intercept

y = 2x +2

answer is b  

20

hope you get this one right.