Mathematics, 29.03.2020 03:00, mdlnlcs

You find a mutual fund that offers approximately 4% APR compounded
monthly. How much money will you need to invest as a lump sum in order to
have $500 at the end of the year?
O A. $492.31
O B. $507.89
O c. $518.92
O D. $480.40

Answers: 3

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You find a mutual fund that offers approximately 4% APR compounded
monthly. How much money wil...