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How much did larry save

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Problem 1: Larry started contributing to his IRA at age 32. In his first 12 years of his working career he used his discretionary income to buy items, At age 32, he made his first 6000 contribution to IRA and contributed 6000 every year until age 65. ( 33 contributions) . He plans to retire at age 65 and make withdrawals from IRA. 8 % annual rate IRA grows. How much did Larry save from 32-65yrs old. No inflation or taxes included

Reference no: EM132743270

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