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Freya Plans to Invest $3,200 a Year for 25 Years

Question 73

Multiple Choice

Freya plans to invest $3,200 a year for 25 years starting at the end of this year.How much will this investment be worth at the end of the 25years if she earns an average annual rate of return of 8.2 percent?


A) $2 63,837.69
B) $ 381,324.92
C) $ 245,897,34
D) $ 219,672.01
E) $ 240,885.11

Correct Answer:

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