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You currently have $50K in your account and expect to make additional $1,000 contributions to your account every year for 12 years followed by 1
You currently have $50K in your account and expect to make additional $1,000 contributions to your account every year for 12 years followed by 1 additional payment of $2,000 in year 13. How much money will you have in your account at the end of year 13 if the interest rate is 6%?"
a$147,112 "
b"$136,169 "
c"$120,639 "
d "$126,529 "
e "$117,281 "
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