frcxc3451 frcxc3451

07-01-2024
Mathematics

contestada

Marquel's employer contributes $500 quarterly to his retirement account, which earns 12% interest that is compounded monthly. How much money will be in his retirement account at the end of 40 years?

A) $1,032,224.18
B) $876,541.32
C) $1,265,789.47
D) $942,306.66

Respuesta :

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