Multiple Choice
Suppose you can save $2,000 per year for the next ten years in an account earning 7 percent per year. How much will you have at the end of the tenth year if you make the first deposit today?
A) $34,187.75
B) $29,567.20
C) $31,217.36
D) $27,364.15
E) $18,364.25
Correct Answer:
Verified
Correct Answer:
Verified
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