Multiple Choice
Nancy deposits $22,000 in an investment account earning 4.2% interest annually. In addition, she plans on withdrawing $4,000, $6,000 and $8,000 over a three-year period. Using the financial functions on the calculator, determine how much Nancy will have remaining at the end of year 3.
A) $6,404
B) $6,378
C) $6,295
D) $6,267
E) $6,006
Correct Answer:
Verified
Correct Answer:
Verified
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