1. Suppose you want to accumulate $120,000 for your retirement in 30 years, by making a single deposit into an account that earns interest. You have four options, which are detailed below:

Plan A: An APR of 5%, compounded annually

Plan B: An APR of 4.8%, compounded quarterly

Plan C: An APR of 4.5%, compounded monthly

Plan D: An APR of 4.25%, compounded weekly

How much money will you need to deposit in each account in order to achieve your goal?

Round your answers to the nearest cent.

Plan A = ______________________ Plan B = ______________________ Plan C = ______________________ Plan D = ______________________