josevillalobos38 josevillalobos38
  • 03-05-2020
  • Mathematics
contestada

You find a mutual fund that offers approximately 8.5% 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. $437.84
B. $411.98
C. $459.27
D. $491.87

Respuesta :

acelynnshamrockk
acelynnshamrockk acelynnshamrockk
  • 03-05-2020

Answer:459.27

Step-by-step explanation:

Answer Link
michoacana0212 michoacana0212
  • 04-05-2020

Answer D. 459.27:

Step-by-step explanation:

Answer Link

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