INCORRECT!
Oops! Try Again!
Don’t look for the needle in the haystack. Just buy the haystack.
Need A Hint?
Use compound-interest: A = P(1+r)^n with P=1000,r=0.05,n=5.
Did You Also Know...
By Quiz Coins
SEP IRAs and solo 401(k)s allow many self-employed people to contribute far more toward retirement than a standard IRA.