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

The answer is C ($5,818)

Step-by-step explanation:

I just got this question and got the question correct.

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c

step-by-step explanation:

the 8 in 8,420 is in the thousands place so it's value is 8 thousand.

the 8 in 6,870 is in the hundreds place so it's value is 8 hundred.

divide 8000 by 800 to find the answer:

8000 / 800 = 10

the 8 in 8,420 is 10 times greater than the 8 in 6,870