Multiple Choice
Solve the problem.
-Suppose you contribute to a fund that earns 5.5% annual interest. What should your quarterly payment be if you want to accumulate $190,000 in 18 years?
A) $1873.72
B) $12,491.45
C) $1561.43
D) $2342.15
Correct Answer:
Verified
Correct Answer:
Verified
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