Question: What amount invested each year at 9 % annually will grow to $ 1 , 6 0 0 , 0 0 0 at the end

What amount invested each year at 9% annually will grow to
$1,600,000 at the end of 30 years? a.$25,517 b.$18,825.93 c.$11,738 d.$26,878
5)
If the payments in #4 were made at the beginning of the year, what amount would need to be invested each year ? a.$2,107.13 b.$10,769 c.$25,119.51 d.$16,073

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