Question: 1. value: 2.00 points You are planning to make monthly deposits of $120 into a retirement account that pays 10 percent interest compounded monthly. If

1. value: 2.00 points You are planning to make monthly deposits

1. value: 2.00 points You are planning to make monthly deposits of $120 into a retirement account that pays 10 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 12 years? $34,831.17 O $398,070.54 O $33,172.55 $30,793.37 $31.513.92

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