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Score: 0 of 1 pt | 11 of 12 (5 complete) HW Score: 16.67%, 2 of 12 pts 4.C.61 Question Help Suppose someone wants to

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Score: 0 of 1 pt | 11 of 12 (5 complete) HW Score: 16.67%, 2 of 12 pts 4.C.61 Question Help Suppose someone wants to accumulate $60,000 for a college fund over the next 15 years. Determine whether the following investment plans will allow the person to reach the goal. Assume the compounding and payment periods are the same. The person deposits S55 per month into an account with an APR of 7%. Will the person meet the goal? Select the correct choice below and fill n the answer box to complete your choice. Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) O A. No, because the amount tha will be in the college fund,s is less than the goal of $60,000. B Yes, because the amount that will be in the college fund, sis more than the goal of S60,000, Click to select and enter your answer(s) and then click Check Answer. Clear All nal Check Type here to search 11:25 AM ^ 9/23/201 Prt Scne Home

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