Mathematics, 02.02.2020 18:50 kayranicole1
Jill starts to save at age 25 for a vacation home that she wants to buy for her 50th birthday. she will contribute $2500 each year to an account, which earns 1.3% annual interest, compounded quarterly. what is the future value of this investment, rounded to the nearest dollar, when jill is ready to purchase the vacation home?
a. $73,712
b. $73,951
c. $294,847
d. $295,806
Answers: 1
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Jill starts to save at age 25 for a vacation home that she wants to buy for her 50th birthday. she w...
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