Kizspy | Question: 39
(Choose 1 answer)
(20626) Future value of an annuity: Jayadev Athreya has started on his first job. He plans to start saving for retirement early. He will invest $5,000 at the end of each year for the next 45 years in a fund that will earn a return of 10 percent. How much will Jayadev have at the end of 45 years? (Round to the nearest dollar.)
A. $2,667,904
B. $3,594,524
C. $1,745,600
D. $5,233,442
