must use excel, please show your work and equations

Nike received federal relief funds for coronavirus on the first of every month and decided that upon receiving them they would immediately invest them at a yearly return rate of 8.4% Annual Percentage Rate (Hint: Straight ratio for monthly rate). They received them for 11 months. How much are the $45,000 investments worth at the end of the 11 months? O $765,200 $829,500 $516,300 $512,700