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20 September, 04:44

You find a mutual fund that offers approximately 8% APR compounded

monthly. You will invest enough each month so that you will have $1500 at

the end of the year. How much money will you have invested in total after 1

year?

O

A. $1285.73

O B. $948.51

O

C. $1176.37

O

D. $1445.64

+2
Answers (1)
  1. 20 September, 07:13
    0
    Answer: D. $1445.64
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