What is the future value in your pension fund if you invest $6,000 per year for 20 years, earning a 8% annual rate of return? You make your first $6,000 payment today. Answer a. $235,875.42 b. $274,571.79 c. $3,563,683.31 d. $296,537.53

What is the future value in your pension fund if you invest $6,000 per year for 20 years, earning a 8% annual rate of return? You make your first $6,000 payment today.
Answer
a. $235,875.42
b. $274,571.79
c. $3,563,683.31
d. $296,537.53
4 points

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