Multiple Choice
How much money must you pay into an account at the beginning of each of 30 years in order to have $10,000 at the end of the 30th year? Assume that the account pays 11% per annum, and round to the nearest $1.
A) $39
B) $45
C) $50
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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