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  • 25-01-2024
  • Business
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Jane wants to have $200,000 in an account in 20 years. If her account earns 11% per annum over the accumulation period, how much must she save per year (end of year) to have the $200,000?

a. $25,116
b. $3,115
c. $10,000
d. $3,492

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