Multiple Choice
How much would Kristen have to deposit in the bank today if she will be earning a 6% annual rate of return and wants to have $5,000 in the bank at the end of five years? (Round to the nearest dollar) .
A) $3,736
B) $4,212
C) $4,737
D) $5,637
Correct Answer:
Verified
Correct Answer:
Verified
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