Multiple Choice
Determine the future value of $150 made at the end of every quarter for 15 years, given an interest rate of 4.5% compounded monthly.
A) $12,772.78
B) $12,904.12
C) $13,401.86
D) $13,915.68
E) $14,202.22
Correct Answer:
Verified
Correct Answer:
Verified
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