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Use this information to answer the following question Interest Factor 6%, 20 years 0.312 3.207 11.47 36.79 Present Vakue of $1 Future Value of $1
Use this information to answer the following question Interest Factor 6%, 20 years 0.312 3.207 11.47 36.79 Present Vakue of $1 Future Value of $1 Present Value of an Annuity Future Value of an Annuity Darlene Carlson, a high school math teacher, wants to set up a retirement account into which she wil deposit $2,000 per year. She plans to teach for 20 more years and then retire. How much will Ms. Carlson have in the account when she retires assuming a 6% interest rate and annual compounding? O A. $624 B. $22,940 O C. $73,580 O D. $6,414 A modern perpetual inventory system O A. achieves better control over inventory O B. is required by U S. GAAP O C. eliminates the need for a physical count of inventory O D. records the quantity, but not the cost, of merchandise inventory on hand
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