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Question 69

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Use this information to answer the following question. Use this information to answer the following question. If an accumulation of $6,000 is desired at the end of three years,at a 12% interest rate what amount must be deposited at the end of each of the three years? A) $1,778.30 B) $20,244.00 C) $4,270.46 D) $8,430.00 If an accumulation of $6,000 is desired at the end of three years,at a 12% interest rate what amount must be deposited at the end of each of the three years?


A) $1,778.30
B) $20,244.00
C) $4,270.46
D) $8,430.00

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