Multiple Choice
Solve the problem. Round to the nearest cent.
-Mary needs $9000 in 6 years. What amount can she deposit in a sinking fund at the end of each Quarter at 5% interest compounded quarterly so she will have her $9000?
A) $1323.16
B) $308.90
C) $323.88
D) $340.17
Correct Answer:
Verified
Correct Answer:
Verified
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