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Suppose that you contribute $12,000 per year to your saving account. If you can earn 4% interest per year (EAR). How much will you have

Suppose that you contribute $12,000 per year to your saving account. If you can earn 4% interest per year (EAR). How much will you have in your saving account in 30 years?
:
Answers: A.

$673,019.25
B.

$374,400.00
C.

$207,504.40
D.

$38,920.77
E.

None of these

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