Suppose you can save $2,000 per year for the next ten years in an account earning 7 percent per year. How much will you have at the end of the tenth year if you make the first deposit today?
A)$34,187.75
B)$29,567.20
C)$31,217.36
D)$27,364.15
E)$18,364.25

Question

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The Answer of Suppose you can save $2,000 per year for the next ten years in an account earning 7 percent per year. How much will you have at the end of the tenth year if you make the first deposit today?
A)$34,187.75
B)$29,567.20
C)$31,217.36
D)$27,364.15
E)$18,364.25

Suppose You Can Save $2,000 Per Year for the Next