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AUto wants to nave $ 2 3 8 . 0 0 0 in o vears, Auto plans to make rezular savings contributions o 2 3

AUto wants to nave $238.000 in o vears, Auto plans to make rezular savings contributions o 23.600 per vear for o vears, weh me tisse at mese regular savings contributions made later today. In addition, Auto expects to make a special savings contribution of X in 2 years. Auto expecs to am 9.60 percent per year.
What Is X the amount of the speclal savings contribution that Auto will make in 2 years?
O $34,954(plus or minus $10.00)
O $48,815(plus or minus $10.00)
O $28,024(plus or minus $10.00)
None of the other altematives are within $10.00 of the correct answe
O $41,884(plus or minus $10.00)

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