MCQOPTIONS
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| 1. |
Kashundra Jones plans to make a lump sum deposit so that she can withdraw $3,000 at the end of each quarter for 10 years. Find the lump sum if the money earns 10% per year compounded quarterly |
| A. | 75263.64 |
| B. | 76345 |
| C. | 76389 |
| D. | 56897 |
| Answer» B. 76345 | |