Determine the amount in the investment fund


Vannoy Corporation will invest $30,000 every January 1st for the next six years (2012 - 2017). If Wagner will earn 12% on the investment, what amount will be in the investment fund on December 31, 2017?

A) $138,144.

B) $243,456.

C) $272,670.

D) $123,342.

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Accounting Basics: Determine the amount in the investment fund
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