Multiple Choice
A friend of yours plans to begin saving for retirement by depositing $2,000 at the end of each year for the next 25 years. If she can earn 10% annually on her investment, how much will she have accumulated at the end of 25 years?
A) $50,000
B) $196,692
C) $100,000
D) $216,361
Correct Answer:
Verified
Correct Answer:
Verified
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