Investments of $200 at the beginning of every month have accumulated to $405,515 after 30 years. Expressed as a monthly compounded nominal annual rate, what return have these investments provided?

Question

Quizplus · Accepted Answer

The Answer of Investments of $200 at the beginning of every month have accumulated to $405,515 after 30 years. Expressed as a monthly compounded nominal annual rate, what return have these investments provided?

Investments of $200 at the Beginning of Every Month Have