Lifetime savings accounts, known as LSAs, allow people to invest after-tax money without being taxed on any of the gains. If an engineer invests $11,000 now and $11,000 each year for the next 20 years, how much will be in the account immediately after the last deposit, provided the account grows by 9% per year?
After the last deposit, the balance in the account will be $
Get Answers For Free
Most questions answered within 1 hours.