(4. Crystal's aunt, 44 years old, is evaluating her retirement portfolio. She paid her house offin anticipation of an carly retirement.

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Question:

(4. Crystal's aunt, 44 years old, is evaluating her retirement portfolio. She paid her house off in anticipation of an carly retirement. In addition, she has invested wisely in her
company's 406k, a Roth IRA, municipal bonds, and certificates of deposit. She has
amassed $292,000 in her diversified portfolio. Today, she has the opportunity to deposit
her money at 9% compounded quarterly. Assume she retires at 51 years old.
How much will her investment be worth?

Answers

the answer is 10c + 6b = 32

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