Solved

If for the Next 35 Years You Place $4,000 in Equal

Question 94

Multiple Choice

If for the next 35 years you place $4,000 in equal annual year-end-deposits into an account earning 8% per year,how much money will be in the account at the end of that time period?


A) $689,267.21
B) $777,169.56
C) $839,343.12
D) $2,606,942.58

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions