Question: If interest is 5% compounded quarterly, calculate the future value of twelve $1000 monthly payments provided the payment occurs at the beginning of the month.

If interest is 5% compounded quarterly, calculate the future value of

If interest is 5% compounded quarterly, calculate the future value of twelve $1000 monthly payments provided the payment occurs at the beginning of the month. Multiple Choice $12,679.72 $12,279.72 $12,579.72 $12,379.72 $12.479.72

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