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ehidna [41]
2 years ago
8

Ken has just retired. His Roth IRA has a present value of $524,856.00 and has an interest rate of 3.4%, compounded annually. In

addition, he receives a yearly pension of $32,615.12. Given that Ken plans to draw from his Roth IRA for the next fifteen years, find his total annual income.
a.
$86,483.17
b.
$77,862.30
c.
$50,503.76
d.
$49,915.55
Mathematics
2 answers:
rodikova [14]2 years ago
5 0

Answer:

B

 

$77,862.30

Step-by-step explanation:

nikitadnepr [17]2 years ago
3 0
B.) is the correct answer
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First way
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Second way
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Each person would receive 2/9 of a gallon.
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