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30 September, 17:56

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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Answers (1)
  1. 30 September, 18:09
    0
    Answer: D. $1445.64
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