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Pat is a 23 year old man. He earns a taxable income of $70,000.00, and the effective

tax rate on his income is 19%. He contributes 10% of his earnings into a Roth IRA
account with 3% return what is his estimated Roth IRA balance when he is 50 years
old?

User Lcheylus
by
4.8k points

1 Answer

13 votes

Answer:

$12,594.71

Explanation:

i did the test

User Zitao Xiong
by
4.9k points