Kristina started setting aside funds three years ago to save for a down payment on a house.She has saved $900 each quarter and earned an average rate of return of 4.8 percent.How much money does she currently have saved for her down payment?
A) $11,542.10
B) $12,388.19
C) $15,209.80
D) $15,366.67
E) $16,023.13
Correct Answer:
Verified
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