What Is the Value of a $2,500 Payment into an IRA,if

question 63

Multiple Choice

What is the value of a $2,500 payment into an IRA,if the investment earns 12% per year for 15 years?

• A) $12,174
• B) $13,684
• C) $14,652
• D) $15,523

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Definitions:

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A mental health condition characterized by extreme mood swings, including emotional highs (mania or hypomania) and lows (depression).

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A feeling of extreme happiness or joy.

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A tight-fitting one-piece garment that covers the body but not the legs, often worn by dancers, gymnasts, and athletes.

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Exhibiting behavior characterized by being excessively active, restless, or having difficulty maintaining attention or controlling impulsiveness.