How much money must you pay into an account at the beginning

Reference no: EM13298173

How much money must you pay into an account at the beginning of each of 20 years in order to have $10000.00 at the end of the 20th year? Assume that the account pays 12% per year, and round to the nearest $1.00

a- $124.00
b- $111.00
c- $1195.00
d- $139.00

Reference no: EM13298173

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