20
QuizMultiple Choice

Annuities

Question 20 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

$765.13 is deposited at the end of each month for 2 years in an account paying 12% interest compounded monthly. Find the amount of the account. Round your answer to the nearest cent.

Answer
A
$18,911.18
B
$19,873.08
C
$20,638.21
D
$21,403.34
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