Solve the problem. Round to the nearest cent.Find the deposit required to accumulate $5900 after investing 6 years in an account that pays an APR of 3% compounded annually. How much is earned in interest?
A. $7044.91; $1144.91
B. $4941.16; $958.84
C. $5089.39; $810.61
D. $8.01; $5891.99
Answer: B
Mathematics
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