3.You would like to save $500 a month for the next 15 years and hope...

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Finance

3.You would like to save $500 a month for the next 15 years and hope to earn an average rate of return of 12 percent. How much money will you have after 15 years if you invest your money at the beginning of each month?

a) $274,853.07 b) $283,930.30 c) $260,482.99 d) $252,288.00

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