A year-end bonus of $24,000 will generate how much money at the beginning of each month for the next year, if it can be invested at 6.45%, compounded monthly? (Round your answer to the nearest cent.)

Answer 1

A year-end bonus of $24,000 will generate how much money at the beginning of each month for the next year, if it can be invested at 6.45%, compounded monthly? (Round your answer to the nearest cent.)