Multiple Choice
To save for her newborn son's college education, Lea Wilson will invest $1,000 at the beginning of each year for the next 18 years. The interest rate is 12 percent. What is the future value?
A) $7,690.
B) $34,931.
C) $63,440.
D) $62,440.
Correct Answer:
Verified
Correct Answer:
Verified
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