单选题
Lois Weaver wants to have $1.5 million in a retirement fund when she retires in 30 years. If Weaver can earn a 9 percent rate of return on her investments, approximately how much money must she invest at the end of each of the next 30 years in order to reach her goal?
【正确答案】
C
【答案解析】Using a financial calculator: N=30; I/Y=9; FV=-1500000; PV=0; CPT→PMT=11004.52.