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You have decided to save $12,000 every year and deposit for the next 20 years at an interest rate of 6%. What will be the

image text in transcribed You have decided to save $12,000 every year and deposit for the next 20 years at an interest rate of 6%. What will be the total amount at the end of year 20 ? Select one: a. $44,142.71 b. $47,142.71 c. $49,142.71 d. $46,142.71

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