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Bowers Barrett

03/31/2023 · Junior High School

A woman decides to invest $4000 in an IRA CD at the end of each year for 10 years. If she makes these payments and the certificates all pay 7%, compounded annually, how much will she have at the end of the 10 years? 

 

At the end of 10 years, the woman will have approximately \( \$ \square \) . 

(Do not round until the final answer. Then round to the nearest cent as needed.) 

Answer
expertExpert-Verified Answer

Alexander Boone
Specialized Tutor
4.0 (49votes)

\(55265.79\)

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