How much would need to be contributed each year for 30 years to accumulate $1,300,000 assuming a return on the investments of 8 percent? Round to the nearest dollar if needed.
(a)$43,333
(b)$46,800
(c)$11,476
(d)$15,000

Question

Quizplus · Accepted Answer

The Answer of How much would need to be contributed each year for 30 years to accumulate $1,300,000 assuming a return on the investments of 8 percent? Round to the nearest dollar if needed.
(a)$43,333
(b)$46,800
(c)$11,476
(d)$15,000

How Much Would Need to Be Contributed Each Year for 30