Question: Approximately how much must be saved annually, beginning 1 year from now, in order to accumulate $100,000 over the next 10 years, earning 9% annually?

Approximately how much must be saved annually, beginning 1 year from now, in order to accumulate $100,000 over the next 10 years, earning 9% annually?

A. $3,291 B. $3,587 C. $4,500 D. $6,582

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