Mathematics
Mathematics, 14.05.2020 04:57, emmamood

To start a new business, Eric invests $765.13 each month in an ordinary annuity paying 12% interest compounded monthly. Find the amount in the annuity after 4 years. Round to the nearest cent.
A.$ 44 comma 856.77 nbsp
B.$ 47 comma 608.38
C.$ 46 comma 078.12 nbsp
D.$ 46 comma 843.25 nbsp

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Answers: 2

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To start a new business, Eric invests $765.13 each month in an ordinary annuity paying 12% interest...

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