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Question 5 An investor pays $200 per month into a real estate investment that promises to pay an annual rate of interest of 8 percent

Question 5 An investor pays $200 per month into a real estate investment that promises to pay an annual rate of interest of 8 percent compounded monthly. If the investor makes consecutive monthly payments for five years, what is the future value at the end of five years? $1,000 O $6,172.49 $12,000 3.13 pts O $14,695.37

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An investor pays $200 per month into a real estate investment that promises to pay an annual rate of interest of 8 percent compounded monthly. If the investor makes consecutive monthly payments for five years, what is the future value at the end of five years? $1,000 $6.172.49 $12,000 $14,695,37

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