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A savings plan requires deposits of $536 per month for 23 months commencing in 1 month from today. If the interest rate is 10.8% p.a

A savings plan requires deposits of $536 per month for 23 months commencing in 1 month from today. If the interest rate is 10.8% p.a compounding monthly, the value of the investment immediately after the last deposit will be (round to nearest cent; dont use $ sign or commas):

Select one:

a. $13751.60

b. $1194.47

c. $13628.94

d. $1078.04

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