air oceana would like to purchase an equipment at the end of 10 years. how mich savings will air oceana have in its account at the end of 10 years if it expects a 8% rate of return?

A.) $3,355,041

B.) $10,794,625

C.) $7,822,744

D.) $7,243,281

E.) $3,623,444

Air Oceana would like to purchase an equipment at the end of 10 years. It plans to save $500,000 at the beginning of each of the next 10 years. How much savings will Air Oceana have in its account at the end of 10 years if it expects a 8% rate of return? $3,355,041 $10,794,625 $7,822,744 $7,243,281 $3,623,444