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Question 20 of 25 5 Points Ms. Minnesota deposits $10,500 into her account at the Mississippi Mutual Fund at the start of every three-month period
Question 20 of 25 5 Points Ms. Minnesota deposits $10,500 into her account at the Mississippi Mutual Fund at the start of every three-month period (quarterly) for 12 years. If the fund pays interest at a rate represented as a 6.4% effective annual rate (EAR), but with quarterly compounding, how much money will she have at the end of year 127 (Be sure to carry computations out several decimal places for accuracy.) OA. $742.489.55 B. $358.200.53 OC. 5779,446.80 OD. 5754,094.47 E $271.726.80 Reset selection ch E 6:09 P 6/26/24 hp
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