Vannoy Corporation will invest $60,000 every January 1st for the next six years (2014 - 2019) . If Vannoy will earn 12% on the investment, what amount will be in the investment fund on December 31, 2019?
A) $246,684.
B) $276,288.
C) $486,912.
D) $545,341.
Correct Answer:
Verified
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