# Ximena received a gift of $69564 from her rich aunt which she is investing at a rate

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## Question:

Ximena received a gift of $69564 from her rich aunt which she is investing at a rate of 3.1%. How much money will she have in 15 years, compounding monthly? Round your answer to the nearest $0.01.

**Related Book For**

## Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs