You Currently Have $150,000 in an IRA Designated for Retirement

question 35

Multiple Choice

You currently have $150,000 in an IRA designated for retirement.If you save an additional $100 at the end of every month and expect to earn an annual return of 12%,how much do you expect to have in the IRA in 10 years?

• A) $467,632
• B) $518,062
• C) $732,546
• D) $949,328
• E) $1,215,234

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An established and organized system of social behavior with a recognized purpose.

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An organized way in which a country or region allocates its resources and distributes goods and services within the community.

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Groups of individuals who share common territories and cultures, forming organized and interdependent communities with various institutions and norms.