Ldechant7745 Ldechant7745

22-02-2024
Business

contestada

Suppose you invest $120 a month for 4 years into an account earning 7% compounded monthly. After 4 years, you leave the money, without making additional deposits, in the account for another 24 years. How much will you have in the end?
a) $68,032.12
b) $70,125.43
c) $72,311.84
d) $74,594.27

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