$765.13 is deposited at the beginning 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.
this are my choices

a.

$18,911.18

c.

$20,844.59

b.

$19,873.08

d.

$21,403.34

Question

$765.13 is deposited at the beginning 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.
this are my choices


a. 

$18,911.18 

c. 

$20,844.59 


b. 

$19,873.08 

d. 

$21,403.34

anonymous · Answer

A=765.13(1+.12/12)^12*2

anonymous · Answer

you understand why i did that?? @cassi1996

anonymous · Answer

yyes and thx I just hate word problems but thx