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You are considering an investment in a Third World bank acconnt that pays a tiominal annual rate of 18%, compounded monthly, If you invest sci.300

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You are considering an investment in a Third World bank acconnt that pays a tiominal annual rate of 18%, compounded monthly, If you invest sci.300 at the beginting o each month, how many months would it take for your account to grow to $445,000 ? Roond fractional months up. th. 25 month b. 55 menths t. 16 rionthe d. 35 manthts e 42 manth

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