the age of 30 to save for retirement you decide to deposit

Last updated: 10/12/2023

the age of 30 to save for retirement you decide to deposit 50 at the end of each month in an IRA at pays 3 5 compounded monthly b Use the following formula to determine how much you will have in the IRA when you retire at age 65 A A P 1 0 1 T A E nt Find the interest or his que poin s possible in the IRA when you retire a You will have approximately Do not round until the final answer Then round to the nearest dollar as needed b The interest is approximately Use the answer from part a to find this answer Round to the nearest dollar as needed