Question: Please show all work Solve the problem. Round to the nearest cent. 11) Mark wants to start an IRA that will have $250,000 in it

Please show all work Please show all work Solve the problem. Round to the nearest

Solve the problem. Round to the nearest cent. 11) Mark wants to start an IRA that will have $250,000 in it when he retires in 21 years. How much should he invest quarterly in his IRA to do this if the interest is 7% compounded quarterly? A) $2747.21 B) $1328.06 C) $12,662.94 D) $3652.44

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