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2 votes
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

asked
User Foxfire
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1 Answer

3 votes
The answer is C. $12,663.79
answered
User Michal Kaut
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