Multiple Choice
If you invest $12 000 for 4.75 years at 7.88% per annum,with interest compounded monthly,what will your total investment be worth at the end of the period?
A) $12 378.94
B) $15 476.29
C) $16 232.40
D) $17 426.34
Correct Answer:
Verified
Correct Answer:
Verified
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