Multiple Choice
You wish to accumulate $15,000 within five years.How much would you have to save each year for five years to attain your goal? Assume an annual interest rate of 4%.Savings occur at the end of each year.
A) $2,662
B) $2,769
C) $2,905
D) $3,000
E) $3,500
Correct Answer:
Verified
Correct Answer:
Verified
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