You are saving for your child's university education. It is her 1st birthday today. She will start university just after her 19th birthday. You are going to save $2,000 per year each year starting today and ending on her 18th birthday
If you expect to earn a rate of 5% in the savings account, then how much will you have saved by her 19th birthday?
A) $56,264.77
B) $59,078.01
C) $61,078.01
D) $64,131,91
E) $54,264.77
B
Business
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Labor unions and shareholders are internal stakeholders or publics
Indicate whether the statement is true or false
Business
Regarding a flexible spending account, which of the following is not true?
A) You may put a predetermined amount of your pre-tax salary in the account monthly. B) The money may be used throughout the year to pay medical or dental expenses tax-free. C) If you don't use the funds during the year, you lose them. D) Your employer will match your funds dollar-for-dollar.
Business