Solve the problem.Looking ahead to retirement, you sign up for automatic savings in a fixed-income 401K plan that pays 6.5% per year compounded annually. You plan to invest $2000 at the end of each year for the next 30 years. How much will your account have in it at the end of 30 years? Round to the nearest dollar.

A. $174,048
B. $174,520
C. $171,207
D. $172,750


Answer: D

Mathematics

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