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Today is 1 / 7 / 2 0 2 1 , John plans to deposit $ 5 0 0 at the beginning of each month

Today is 1/7/2021, John plans to deposit $500 at the beginning of each month into an investment fund. The first deposit will be deposited today. John predicts that the return rate of this fund will be j2=5.63% from 1/7/2021 to 30/9/2021 and j2=5.96% from 1/10/2021 to 31/12/2021. What will be balance amount of this account on 31/12/2021? Round your answer to three decimal places.
Question 11 Answer
a.
3051.115
b.
3050.594
c.
3052.475
d.
3051.741

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