Mathematics, 26.05.2020 02:04 brandon56238

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?
A. $507.89
B. $480.40
C. $518.92
D. $492.31

Answers: 2

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