Multiple Choice
How much money must you pay into an account at the end of each of 20 years in order to have $100,000 at the end of the 20th year? Assume that the account pays 6% per year,and round to the nearest $1.
A) $1,840
B) $2,028
C) $2,195
D) $2,718
Correct Answer:
Verified
Correct Answer:
Verified
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