The formula of the future value of an annuity ordinary is
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value?
PMT 2400
R 0.08
T 32 years
Fv=2,400×((1+0.08)^(32)−1)÷(0.08)
Fv=322,112.49
Now deducte 28% the tax bracket from the amount we found
annual tax 2,400×0.28
=672 and tax over 32 years is 672×32
=21,504. So the effective value of Ashton's Roth IRA at retirement is 322,112.49−21,504=300,608.49
C is the answer hope that helps have a good day
Answer:
stuff and more stuff
Step-by-step explanation:
A quadratic equation refers to an equation with the highest degree of 2. The first equation, 2(x+5)^2 + 8x + 5 + 6 = 0 is the only one with the highest degree of 2 (in (x+5)^2), so that is the quadratic.
It would be: 5/2930 = 0.0017
