You put $399 per month in an investment plan that pays an APR of 6%. How much money will you have after 15 years? Compare this amount to the lotal amount of deposits made over the time period A) $116,036.67; The difference between amounts is $44,216.67 B) $98,631.17; The difference between amounts is $41,216.67 CIs115,949.20; The difference between amounts is $56,099.2O D) $116,124.29; The difference between amounts is $26,319.29 E none of the above

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
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You put $399 per month in an investment plan that pays an APR of 6%. How much money will
you have after 15 years? Compare this amount to the lotal amount of deposits made over the time
period
A) $116,036.67; The difference between amounts is $44,216.67
B) $98,631.17; The difference between amounts is $41,216.67
CIs115,949.20; The difference between amounts is $56,099.2O
D) $116,124.29; The difference between amounts is $26,319.29
E none of the above
Transcribed Image Text:You put $399 per month in an investment plan that pays an APR of 6%. How much money will you have after 15 years? Compare this amount to the lotal amount of deposits made over the time period A) $116,036.67; The difference between amounts is $44,216.67 B) $98,631.17; The difference between amounts is $41,216.67 CIs115,949.20; The difference between amounts is $56,099.2O D) $116,124.29; The difference between amounts is $26,319.29 E none of the above
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