Fred plans on saving $6,500 per year and expects to earn an annual rate of 4.5 percent. How much will he have in his acc

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answerhappygod
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Fred plans on saving $6,500 per year and expects to earn an annual rate of 4.5 percent. How much will he have in his acc

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Fred plans on saving $6,500 per year and expects to earn an
annual rate of 4.5 percent. How much will he have in his account at
the end of 36 years? Assume he deposits the money at the beginning
of each year.
A. $406,429.33 B. $483,836.92 C. $560,065.78 D. $585,268.74 E.
$610,396.16
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