Question: This Test 20 pls Solve the problem Round up to the nearest dollar. You would lke to have $55,000 in 5 years for the down
This Test 20 pls Solve the problem Round up to the nearest dollar. You would lke to have $55,000 in 5 years for the down payment on a new house following college graduation by making deposits at the end of every three months in an annuity that pays 425% compounded quarterly How much should you deposit at the end of every three months? How much of the $55,000 comes from deposits and how much comes from interest? O A. $2,747: $54,940 from deposits and $60 from interest O B. S2.483, s49,660 from deposits and $5,340 from interest C. $1847: $36.940 from deposits and $18,060 from interest O D. $2,957, $29,570 from deposits and $25,430 from interest
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