Shaylea, age 22, just started working full-time and plans to deposit $ 5,700 annually into an IRA earning 9 percent interest compounded annually

Shaylea, age​ 22, just started working​ full-time and plans to deposit ​$5,700 annually into an IRA earning 9 percent interest compounded annually. Deposits will be made at the end of each year. How much would she have in 20 ​years, 30 ​years, and 40 ​years? If she changed her investment period and instead invested ​$475.00 monthly and the investment also changed to monthly​ compounding, how much would she have after the same three time​ periods? Comment on the differences over time. With annual investments and​ compounding, after 20 ​years, Shaylea would have $_____?

 
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