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QUESTION 6 An investor wishes to accumulate 9234.12 at the end of 10 years by making level deposits at the beginning of each year. The

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QUESTION 6 An investor wishes to accumulate 9234.12 at the end of 10 years by making level deposits at the beginning of each year. The deposits earn a 120 annual effective rate of interest paid at the end of each year. The interest is immediately reinvested at an annual effective interest rate of B4. Calculate the level deposit O A 200 OB. 500 C. 800 D. 1000 E. 1200 QUESTION 6 An investor wishes to accumulate 234.12 at the end of 10 years by making level deposits at the beginning of each year. The deposits earn a 129 annual effective rate of interest paid at the end of each year. The interest is immediately reinvested at an annual effective interest rate of 8. Calculate the level deposit A. 200 O B. 500 O C.800 O D. 1000 O E. 1200

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