Multiple Choice
You set up a college fund in which you pay $2,000 each year at the BEGINNING of the year.How much money will you have accumulated in the fund after 18 years,if your fund earns 7% compounded annually?
A) $72,757.93
B) $67,998.07
C) $20,118.17
D) $28,339.25
Correct Answer:
Verified
Correct Answer:
Verified
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