16
QuizMultiple Choice

Topic Test

Question 16 • FT GMS AMDM B IC – 72

You put $300 at the end of each month in an investment plan that pays an APR of 7%. How much will you have after 18 years? Compare this amount to the total deposits made over the time period. a. $129,201.10; $64,800 c. $130,964.27; $64,800 b. $129,211.25; $64,775 d. $131,218.51; $64,775 Please select the best answer from the choices provided

Answer
A
A
B
B
C
C
D
D
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You put $300 at the end of each month in an…