Essay
How much would need to be contributed each year for 30 years to accumulate $1,300,000 assuming a return on the investments of 8 percent? Round to the nearest dollar if needed.
(a)$43,333
(b)$46,800
(c)$11,476
(d)$15,000
Correct Answer:
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(c)$1,300,000/113.28...View Answer
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