Business, 09.12.2021 07:30 hebrew1148

TDI Entertainment Corp. has set up a pension fund for employee benefits. The company plans to put $60,000 per month into the fund in the form of ordinary annuity. If this is a 20-year fund that earns 6% annual interest compounded monthly, what would be the fund balance at the end of 20 years? Group of answer choices
a. $10,341,058.93
b. $27,722,453.71
c. $22,405,501.05
d.$16,845,231.95

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TDI Entertainment Corp. has set up a pension fund for employee benefits. The company plans to put $6...