Multiple Choice
Dr. J. wants to buy a Dell computer which will cost $3,000 three years from today. He would like to set aside an equal amount at the end of each year in order to accumulate the amount needed. He can earn 8% annual return. How much should he set aside?
A) $879
B) $627
C) $924
D) $1,243
Correct Answer:
Verified
Correct Answer:
Verified
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