Question

Stan wants to start an ira that will have $250,000 in it when he retires in 25 years. how much should he invest semiannually in his ira to do this if the interest is 6% compounded semiannually? assume an annuity due. round to the nearest cent. a. $2,151.82 c. $2,303.29 b. $2,216.91 d. $4,556.68

Answer 1

Answer:A

Step-by-step explanation: