If you put $10,000 in an investment that returns 14 percent compounded monthly what would you have after 12 years (round to nearest $10)?
a. $11,490
b. $53,140
c. $48,180
d. $61,270

Please be very explanatory and show all of your work so I can do future questions. Thanks.

    • 11 years ago
    perfect solution
    NOT RATED

    Purchase the answer to view it

    blurred-text
    • attachment
      4.xlsx