Finance

You put $5,000 per year in an IRA earning 10% a year starting when you graduate and stop 15 years later. How much will you have for retirement, 30 years after you stop depositing, if the account continues to earns 10% a year?
A) $158,862 B) $2,772,054 C) $1,995 420 D) $4,320,889

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  1. What is
    5000(1.1^15 - 1)/.1 * 1.1^30 ?

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