Multiple Choice
Calculate the future value of an investment of $5,000 at 0.8% per year, compounded monthly, after 8 years. Round your answer to the nearest cent.
A) $5,330.35
B) $5,202.20
C) $5,329.10
D) $5,687.47
E) $4,659.11
Correct Answer:
Verified
Correct Answer:
Verified
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