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Sheena Maskell Sheena Maskell
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Posts: 1902
7 years ago
Elise contributes $1,000 to a deductible IRA. Her investment will earn 10% annually before taxes, and she will withdraw the accumulated amounts from the IRA after 20 years. She expects her tax rate to be 25% at that time and will not be subject to the 10% on early distributions. What is Elise's after-tax accumulation in the IRA?
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
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MsLippyMsLippy
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7 years ago
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Sheena M. Author
wrote...
7 years ago
I took a chance with your answer

It was right
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