How much would $140 invested at 6% interest compounded monthly be worth after 15 years? Round your answer to the nearest cent.
A(t) = P (1+r/n)^rt
A. $266.00
B. $335.52
C. $343.57
D. $150.88
The answer is C: $140 invested at 6% interest compounded monthly be worth $343.57 after 15 years.
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