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You are saving for a new house and you put $20,000 per year in an account paying 8%. The first payment is made today. How
You are saving for a new house and you put $20,000 per year in an account paying 8%. The first payment is made today. How much will you have at the end of 3 years?
A. $51,541.19 | ||
B. $55,665.29 | ||
C. $64,928.00 | ||
D. $70,122.24 | ||
E. $75,732.19 |
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