Mark saves a fixed percentage of his salary at the end of each year. This year he saved $ 2032. For the next 5 years, he expects his salary to increase at an 8% annual rate, and he plans to increase his savings at the same 8% annual rate. He invests his money in the stock market. There thus will be six end of year investments. Solve the problem by using the geometric gradient factor How much will the investment be worth at the end of the six years if they increase in the stock market at a 10% annual rate? The answer is close to Select one: O 18764 11825 20948 10592 0