At the end of each year 5000 is invested in an IRA earning 2

Last updated: 4/16/2023

At the end of each year 5000 is invested in an IRA earning 2 interest compounded annually Answer parts A and B below A How much will be in the account at the end of 30 years Use the following annuity formula whe P periodic payment i rate per period n number of payments periods and F FV future valu 1 i n 1 F P i n P There will be in the account at the end of 30 years Simplify your answer Do not round until the final answer Then round to two decimal places as needed