Seudónimo Seudónimo
  • 07-03-2021
  • Mathematics
contestada

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.

Respuesta :

hiprofile101 hiprofile101
  • 07-03-2021

Answer:

10000

Step-by-step explanation:

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