Question: You have decided to begin saving for retirement. You will deposit $800 in a bank account today. Then you will deposit an additional $800 every
You have decided to begin saving for retirement. You will deposit $800 in a bank account today. Then you will deposit an additional $800 every following year for 29 years (an annuity due). If your bank pays 3.73% interest, how much will you accumulate in the account at the end of 30 years.
Group of answer choices
$44,497
$14,299
$21,448
$42,867
$14,832
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