Isabella is saving $6,200 at the beginning of each month, for 2 years. How much will they have if the money earns 15% compounded monthly? Group of answer choices $58,745 $174,440 $172,286 $56,622

EBK CFIN
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ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
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Isabella is saving $6,200 at the beginning of each month, for 2 years. How much will they have if the money earns 15% compounded monthly? Group of answer choices $58,745 $174,440 $172,286 $56,622
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