Multiple Choice
$3,000 is deposited into an account paying 10 percent annually, to provide three annual withdrawals of $1,206.34 beginning in one year.How much remains in the account after the second payment has been withdrawn?
A) $1,326.97
B) $1,206.34
C) $1,096.67
D) $587.32
Correct Answer:
Verified
Correct Answer:
Verified
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