Mathematics

21 October, 17:51

John is saving up for a down payment on a car. he plans to invest $2,000 at the end of every year for 6 years. if the interest rate on the account is 2.15% compounding annually, what is the present value of the investment?

A. $22,403.85

B. $6,410.75

C. $12,663.79

D. $11,146.37

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