You contributed $4,000 (1st year), $3,500 (2nd year), $1,500 ( 3rd year), and $2,000 (4th year) into your retirement fund for ea

Question

3 years ago

7

You contributed $4,000 (1st year), $3,500 (2nd year), $1,500 ( 3rd year), and $2,000 (4th year) into your retirement fund for ea

ch of the past 4 years. Your goal is to save at least $75,000. You have eleven years of work left before you retire. What is the average annual contribution you will need to make to reach your goal of $75,000?

Mathematics

2 answers:

Rzqust [24] · Answer 1 · 2021-11-29T19:11:14+03:00

Rzqust [24]3 years ago

4 0

Answer:

The answer is C ($5,818)

Step-by-step explanation:

I just got this question and got the question correct.

Hope this helps!!

babunello [35] · Answer 2 · 2021-11-29T17:07:57+03:00

babunello [35]3 years ago

3 0

Answer:

$5,818

Step-by-step explanation: