Anonymous
Anonymous asked in Business & FinancePersonal Finance · 6 years ago

how to answer this question. : Michael Wittry has been investing in his Roth IRA retirement account for 20 yea?

Michael Wittry has been investing in his Roth IRA retirement account for 20 years. Two years ago, his account was worth $215,658. After losing formula1089.mml of its original value, it then gained formula1090.mml of its new value back. What is the current value of his Roth IRA?

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  • 6 years ago
    Favorite Answer

    The question is a fraud. Roth IRAs became possible in 1998. They have only been around for 16 year. The answer is that it is impossible for anyone to have invested in a Roth IRA for 20 years.

    • michel w6 years agoReport

      Really??? It's a question in a math book, its not real life!! geez

  • 6 years ago

    Are you going to special school? This question isn't something that would ever be asked in real life. ROTH hasn't been around 20 years and 1089.mml and 1090.mml don't exist.

    • lamaka2 years agoReport

      Michael Wittry has been investing in his Roth IRA retirement account for 24 years. Five years ago, his account was worth $215,670. After losing 1/4 of its original value, it then gained 1/3 of its new value back. What is the current value of his Roth IRA?

  • 6 years ago

    What is:

    formula1089.mml?

    and:

    formula1090.mml?

    • lamaka2 years agoReport

      Michael Wittry has been investing in his Roth IRA retirement account for 24 years. Five years ago, his account was worth $215,670. After losing 1/4 of its original value, it then gained 1/3 of its new value back. What is the current value of his Roth IRA?

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