Multiple Choice
How much money must you pay into an account at the beginning of each of 20 years in order to have $10,000 at the end of the 20th year? Assume that the account pays 12% per year,and round to the nearest $1.
A) $1,195
B) $111
C) $124
D) $139
Correct Answer:
Verified
Correct Answer:
Verified
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