Question 1 (1 point) Find the future amount on a deposit when $8400 is deposited for 12 years at 4% compounded monthly. Choose the closest answer. (Hint: this question is asking for total amount 12 years later) $15,873.29 $17,348.32 $13,564.19 $7946.89 None of these

Find the future amount on a deposit when $8400 is deposited for 12 years at 4% compounded monthly. Choose the closest answer. (Hint: this question is asking for total amount 12 years later) $15,873.29 $17,348.32 $13,564.19 $7946.89 None of these