oma plans to save $2,900 per year for the next 30 years. If she can earn an annual interest rate of 8.7 percent, how much will she have in 30 years O$373,826.63 $348,904.86 $357,573.30 $87,000.00

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Noma plans to save $2,900 per year for the next 30 years. If she can earn an annual interest rate of 8.7 percent, how much will she have in 30 years?
$373,826.63
$348,904.86
$357,573.30
$87,000.00
$406,349.55
Transcribed Image Text:Noma plans to save $2,900 per year for the next 30 years. If she can earn an annual interest rate of 8.7 percent, how much will she have in 30 years? $373,826.63 $348,904.86 $357,573.30 $87,000.00 $406,349.55
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