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Tanya Wagner Plans to Make Annual Deposits of $7,674

Question 53

Multiple Choice

Tanya Wagner plans to make annual deposits of $7,674.36 until she has accumulated $50,000.Assuming she earns 7% on her investment,Wagner will need to make a total of:


A) 9 payments
B) 7 payments
C) 6 payments
D) cannot be determined from the information given

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