Question: U t will you are taking the homework Question 8 7 pts You plan to invest $20 per month. Supose that you we told that
U t will you are taking the homework Question 8 7 pts You plan to invest $20 per month. Supose that you we told that the type of ement that you are consider a n APRofo with many compound What is the profected value of your investmentionat earst kasume that you contribute to your lovestment at the end of each month, beginntigone month from today Do not found at intermediate steps in your calculation Round you awer to the nearest dollar to the Question 8 7 pts You plan to invest $281 per month. Suppose that you are told that the type of investment that you are considering earns an APR of 10%, with monthly compounding, What is the projected value of your investment in 31 years? Assume that you contribute to your investment at the end of each month, beginning one month from today. Do not round at intermediate steps in your calculation. Round your answer to the nearest dollar. Do not type the symbol
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