You put $125.32 at the end of each month in an investment plan that pays 2.5% interest, compounded monthly. How much will you have after 23 years? Round to the nearest cent.

You invested 125.32 dollars per month for 23 years with 2.5 interests.

Let's find out how much money will we earn in 23 years.

=> 23 years = 276 months

=> 125.32 * 0.025 = 3.13 dollars per month of interests

=> 125.32 + 3.13 = 128.45 dollars per month

=> 128.45 dollars * 276 months = 35, 453 dollars in 23 years,