Solved

Rosina Plans on Saving $2,000 a Year and Expects to Earn

Question 57

Multiple Choice

Rosina plans on saving $2,000 a year and expects to earn an annual rate of 6.9 percent. How much will she have in her account at the end of 37 years? 


A) $406,429.10 
B) $338,369.09 
C) $297,407.17 
D) $313,274.38 
E) $308,316.67 

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents