Question: PLEASE HELP, WILL UPVOTE How much would Caroline have to deposit in the bank at the end of each of the next five years if

PLEASE HELP, WILL UPVOTE

How much would Caroline have to deposit in the bank at the end of each of the next five years if she wishes to have $6,000 in the bank at the end of that period assuming she will be earning 6% annual rate of return? (Round to the nearest dollar.)

Multiple Choice

  • $887

  • $1,187

  • $943

  • $1,064

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