You and your spouse are planning your retirement. In addition to other savings, you have opened an

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You and your spouse are planning your retirement. In addition to other savings, you have opened an account with Edward Jones. Your goal is to deposit $15,000 at the end of each year, starting in 12 months and continuing for 10 years. You expect to earn 5 percent each year. How much will be in the account at the end of 10 years?

a. $24.433

b. 150.000

c. 188.668

d. 495,990

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Financial Accounting

ISBN: 9780070891739

1st Canadian Edition

Authors: Robert Libby

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