Multiple Choice
Solve the problem.
-You want to have a $75,000 college fund in 15 years. How much will you have to deposit now in an account with an APR of 6% and monthly compounding?
A) $31,930.29
B) $29,940.49
C) $30,561.18
D) $30,490.29
Correct Answer:
Verified
Correct Answer:
Verified
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