Xiang invests $25,000 per year, starting in one year, for 20 years at an interest rate of 7%.What is the value of the investment at the end of the 20 years?
A)$1,096,629
B)$1,024,887
C)$283,390
D)$264,850

Question

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The Answer of Xiang invests $25,000 per year, starting in one year, for 20 years at an interest rate of 7%.What is the value of the investment at the end of the 20 years?
A)$1,096,629
B)$1,024,887
C)$283,390
D)$264,850

Xiang Invests $25,000 Per Year, Starting in One Year, for 20