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The answer is supposed to be C. 16 A fund earns 1%, effective monthly. At the end of every month, I put $100 into this

The answer is supposed to be C. 16 image text in transcribed
A fund earns 1%, effective monthly. At the end of every month, I put $100 into this fund for a year. After that, I increase my contribution to $200 per month. After what number of months will I have $2000 in the fund? (A) 14 (B) 15 (C) 16 (D) 17 (E) 18

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