Larry wants to start an IRA that will have $810,000 in it when he retires in 19 years. How much should he invest semiannually in his IRA to do this if the interest is 8% compounded semiannually? A) $9408.

Larry wants to start an IRA that will have $810,000 in it when he retires in 19 years. How much should he invest semiannually in his IRA to do this if the interest is 8% compounded semiannually?

A) $9408.85

B)$29,272.28

C) $9421.85

D)7176.10

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Larry wants to start an IRA that will have $810,000 in it when he retires in 19 years. How much should he invest semiannually in his IRA to do this if the interest is 8% compoun…

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