Julianne wants to take a trip around the world. she plans to deposit $175 at the beginning of each month into an investment with a 3.25% interest rate, compounded monthly. how much will she have in the account after 12 years?

i not know

step-by-step explanation:

i would say b) is your answer

sorry if im wrong

step-by-step explanation:

yes, gavin is right.

step-by-step explanation:

gavin is correct. 

this problem is about converting 9% per year to how many percent per quarter. the rate is still the same. it only differed in the time period. so, through dimensional analysis,

9% per year  × (1 year / 4 quarters) = 2.25% per quarter

if he was asked to convert 9% per year to how many percent per quarter  compounded quarterly, then you will not simply divide by four. this is because compounding is not linear.

hope this , have a good day. c;