You find a mutual fund that offers approximately 4% APR compounded
monthly. How much money will you need to invest as a lump sum in order to
have $500 at the end of the year?
A. $507.89
B. $480.40
C. $518.92
D. $492.31

Respuesta :

Answer:

Your answers is D 492.31

Step-by-step explanation:

$480.40

Step-by-step explanation: