Question: You have decided to begin saving for retirement. You will deposit $700 in a bank account. Then you will deposit an additional $700 every following

You have decided to begin saving for retirement. You will deposit

You have decided to begin saving for retirement. You will deposit $700 in a bank account. Then you will deposit an additional $700 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. Multiple Choice $38,934.87 $31,526.44 $35,565.41 $36,030.21

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