Kid made contributions to a roth ira over the course of 30 working years his contributions average $4000 annually kit was in the 24% tax bracket during his working years the average annual rate of return on the account was 6% upon retirement kit stopped working and making roth ira contributions instead he started living on withdrawals from the retirement account at this point kit dropped into the 15% tax bracket factoring in taxes what is the effective value of kit's roth ira at retirement? assume annual compounding

a= $287,432.74
b= $305,432.74
c= 240,336.88
d= 298,232.74

step-by-step explanation:

a.   since the profit made in 2012 is equal to the profit made in 2014, the profit is           symmetric about the line y = 120,000.

step-by-step explanation:

given that megan owns a clothing boutique.

the profits of 2010, 11, are recorded and shown as follows:

years since     2010 0     1     2     3       4       5

profits made in 1000's   39       84     111     120   111     84

we find that profit gradually increases form 2010 to 2013 upto 120,   then starts decreasing.

the profits for 2012 and 2014 are the same while that of 2011 and 2015 are also the same.

this shows that there is symmetry about the line profit = 120000

hence answer is:

a.   since the profit made in 2012 is equal to the profit made in 2014, the profit is           symmetric about the line y = 120,000.

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step-by-step explanation: