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Mr. Ridge wants to invest a certain sum of money at the end of each year for five years. The investment will earn 10%

Mr. Ridge wants to invest a certain sum of money at the end of each year for five years. The investment will earn 10% compounded annually. At the end of the fifth year, he will need a total of $25,000 accumulated. What is his approximate required annual investment? Select one: O a. $15,348 O b. $6,595 O c. $3,723 O d. $4,095

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