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
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Home » Mathematics » 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.