Vannoy Corporation will invest $25,000 every January 1st for the next six years (2012 - 2017) .If Wagner will earn 12% on the investment, what amount will be in the investment fund on December 31, 2017?
A) $102,785.
B) $115,120.
C) $202,880.
D) $227,225.
Correct Answer:
Verified
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