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Business, 03.12.2021 04:10 kayleebueno

A Roth Individual Retirement Account allows you to draw a fixed amount that is not taxed. The maximum amount that an individual can contribute annually to a Roth IRA is $5,000. Determine the future value of such an account given that the annual percent rate is 1. 2%, and an annual payment of $2,675. 32 is made at the end of each year for 30 years. Round to the nearest cent. A. $95,245. 67 b. $95,340. 91 c. $97,074. 97 d. $95,923. 88.

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