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Question 6 0/3 pts The prize is 20 consecutive annual payments of $30,000 beginning immediately. Jack and Diane decide to wait to spend the money
Question 6 0/3 pts The prize is 20 consecutive annual payments of $30,000 beginning immediately. Jack and Diane decide to wait to spend the money and so they invest all amounts in a bank to earn an interest rate of 3%. Which answer comes closest to how much they will have accumulated at the end of year 20? O 851,293 O 600,000 806,111 0 830,295
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