Robin, who is self-employed, contributes $5,500/year into a Keogh account. How much will he have in the account after 15 years if the account earns interest at the rate of 8.5%/year compounded yearly? Please round the answer to the nearest cent.
$ __________
Correct Answer:
Verified
Q79: The Betzes have leased an auto for
Q80: As a fringe benefit for the past
Q81: Find the amount of an ordinary annuity
Q82: Linda has joined a "Christmas Fund Club"
Q83: Find the present value of an ordinary
Q85: Find the present value of an ordinary
Q86: If Jackson deposited $400 at the end
Q87: If a merchant deposits $500 annually at
Q88: As a fringe benefit for the past
Q89: Find the present value of an ordinary
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents