Mathematics, 20.01.2020 23:31 manueelaa

Gretchen starts to save at age 20 for an extended vacation around the world that she will take on her 40th birthday. she will contribute $1000 each year to the account, which earns 1.75% annual interest, compounded quarterly. what is the future value of this investment when she takes her trip?

a. $21,075.22
b. $23,884.84
c. $25,721.57
d. $32,066.31

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