Michael Wittry has been investing in his Roth IRA retirement account for 19 years. Five years ago his 5account was worth $1215, 658. After losing 1/3 of its original value it then gained 1/2 of its new value back What is the current value of his Roth IRA? (Do not round intermediate calculations.) Solution original worth : $215,658 lost : 1/3*original value = (1/3)*$215,658 = $71,886 new value = $215,658 - $71,886 = $143,772 gained = 1/2 * new value = (1/2)*$143,772 = $71,886 current value = $143,772 + $71,886 = $215,658 Answer: $215,658.