Solve.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 $2,500 at the end of each year for the next 10 years. How much will your account have in it at the end of 10 years?

A. $35,506
B. $35,034
C. $32,193
D. $33,736


Answer: D

Mathematics

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