To accumulate $200,000 after 20 years, what amount must be invested each year if the investment earns
9% compounded annually and the contributions are made:
a) At the beginning of each year?
b) At the end of each year?

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The Answer of To accumulate $200,000 after 20 years, what amount must be invested each year if the investment earns
9% compounded annually and the contributions are made:
a) At the beginning of each year?
b) At the end of each year?

To Accumulate $200,000 After 20 Years, What Amount Must Be