Suppose that you want to create a "retirement party fund" for yourself and place $50 in a bank account for each of the next 20 years.If that account earns an annual rate of return of 7%,how much will be in your retirement party fund at the end of the twentieth year?
A)$1,529.70
B)$2,679.22
C)$1,032.57
D)$2,049.77

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The Answer of Suppose that you want to create a "retirement party fund" for yourself and place $50 in a bank account for each of the next 20 years.If that account earns an annual rate of return of 7%,how much will be in your retirement party fund at the end of the twentieth year?
A)$1,529.70
B)$2,679.22
C)$1,032.57
D)$2,049.77

Suppose That You Want to Create a "Retirement Party Fund