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Ian invests $250 each month for 9 months into an account that pays 6% APR compounded monthly. What is the future value of Ian's account after 9 months? A:2654.93 B:2295.53 C:2743.83 D:2872.83
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Ian invests $250 each month for 9 months into an account that pays 6% APR compounded monthly. What is the future value of Ian's account after 9 months? A:2654.93 B:2295.53 C:2743.83 D:2872.83

User Maki
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2 Answers

3 votes

Answer:

it is $2295.53

Explanation:

User Telos
by
6.9k points
3 votes

Answer:

B

Explanation:

User Jonathan Rioux
by
6.4k points
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