Jessica has $11219 to invest in a bank certificate of deposit for 7 years. The bank is paying 6% interest per year compounded monthly. How much will Jessica's investment be worth at the end of the 7 year period? (round to 2 decimal places)

Use the correct formula from below to solve this problem.

x*(1+r)^n

x+(CF/(1+r)^1)+(CF/(1+r)^2)+(CF/(1+r)^3)+(CF/(1+r)^4)....

x+SQRT(1-r*n)