2,000 in IRA earning 5 percent for 25 years

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Guest Aug 22, 2015

+5

Best Answer

If your 5% is comounded annualy, then your $2,000 would be worth:

$2000(1.05)^25=$2000 x 3.38635494...=$6,772.71

Guest Aug 22, 2015

Guest · Answer 1 · 2015-08-22T05:28:16

If your 5% is comounded annualy, then your $2,000 would be worth:

$2000(1.05)^25=$2000 x 3.38635494...=$6,772.71