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5 pts D Question 16 In 5 years you intend to go to graduate school. For each of your 4 years in graduate school, you

5 pts D Question 16 In 5 years you intend to go to graduate school. For each of your 4 years in graduate school, you need to have a fund that will provide $25,000 per year at the beginning of each year. If the interest rate is 9% throughout compounded annually, how much must you put in the fund today? A $64.996 B. $57,377 C. $50,184 D. $16,249 E. None of the above

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