Lbond1178 Lbond1178

03-08-2024
Business

Answered

Calculate the amount that must be invested at the end of each year at 5% compounded annually in order to accumulate $500,000 after 25 years.
A. $8,254.36
B. $10,476.23
C. $12,984.26
D. $7,525.72

Answer :

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