Multiple Choice
You want to have $20,000 saved in five years.If you can earn 4.5 percent on your savings,what amount must you save each year if the amount you save each year is the same?
A) $3,775.04
B) $3,798.34
C) $3,801.03
D) $3,655.83
E) $4,038.01
Correct Answer:
Verified
Correct Answer:
Verified
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