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14-01-2018
Mathematics

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PLEASE HELP ASAP!!!!

Melissa made contributions to a Roth IRA over the course of 41 working years. Her contributions averaged $2,750 annually. Melissa was in the 26% tax bracket during her working years. The average annual rate of return on the account was 5.5%. Upon retirement, Melissa stopped working and making Roth IRA contributions. Instead, she started living on withdrawals from the retirement account. At this point, Melissa dropped into the 10% tax bracket. Factoring in taxes, what is the effective value of Melissa’s Roth IRA at retirement?

my answer choices are
A: $369,762.04
B: $419 ,762.04
C: $381 ,037.04
D: $387,802.04

Respuesta :

keksjxksks keksjxksks

14-01-2018

The answer is A. I can present work shown

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