Question: What is the future value in 2 years if you invest $100 at the beginning of each month for 12 months starting today at a

What is the future value in 2 years if you invest $100 at the beginning of each month for 12 months starting today at a rate 3%, compounded semi- annually?

a. 1,216.53

b. 1,253.30

c. 1,219.56

d. 1,256.42

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