Mimix2k
Mimix2k
01.04.2020 • 
Mathematics

You find a mutual fund that offers approximately 6% APR compounded
monthly. You will invest enough each month so that you will have $1000 at
the end of the year. How much money will you have invested in total after 1
year?
A. 972.84
B. 994.60
C. 912.86
D. 711.32

Solved
Show answers

Ask an AI advisor a question