Solve the problem. Round to the nearest cent.Joan wants to start an IRA that will have $250,000 in it when she retires in 26 years. How much should she invest annually in her IRA to do this if the interest is 4% compounded annually?

A. $4089.77
B. $5641.85
C. $15,332.82
D. $20,339.22


Answer: B

Mathematics

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A.
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C.
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