17.Eduardo is a 40-year-old individual who plans to retire at age 65. Between now and then, $2000 is paid annually into his IRA account, which is anticipated to pay 5% compounded annually. How much will be in the account upon Eduardo’s retirement?

This law is sometimes called the grouping property. as you can see, regardless of how the numbers are grouped, the answer is still 13. the associative law of multiplication is similar to the same law for addition. it says that no matter how you group numbers you are multiplying together, you will get the same answer.