If you put 10000 in an investment that returns 14 percent


If you put $10,000 in an investment that returns 14 percent compounded monthly what would you have after 12 years (round to nearest $10)?

a. $11,490

b. $53,140

c. $48,180

d. $61,270

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Finance Basics: If you put 10000 in an investment that returns 14 percent
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