Solve the problem.Barbara wants to start an IRA that will have $250,000 in it when she retires in 25 years. How much should she invest semiannually in her IRA to do this if the interest is 11% compounded semiannually?

A. $1015.14
B. $1015.36
C. $2185.06
D. $1075.58


Answer: B

Mathematics

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