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If your brother/sister invest $100 a month in a mutual fund for four years while he/she is in college. If yearly return from the investment
If your brother/sister invest $100 a month in a mutual fund for four years while he/she is in college. If yearly return from the investment is 8%, how much it will be when he/she graduates college? *Assume there is no other fees related to the mutual fund and he/she graduates in four years.
Group of answer choices
$4,617.40
$5,634.99
$5,198.79
$4,167.09
$4,428.88
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