Dominguez3 Dominguez3

21-02-2024
Mathematics

contestada

Catherine has $13,800 in a retirement account. The account is expected to grow by 5.8% each
year. Catherine also makes an annual
contribution of $3,700 to the account. What will the
account balance be when Catherine retires in
30 years?
a. $74,894.36
b. $185,894.36
c. $357,314.57
d. $677,305.52

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