A deposit of 100 dollar is place into a college fund
at the beginning of every month for 10 years. The
fund earns 9% annual interest, compounded
monthly, and paid at the end of the month. How
much is in the account right after the last deposit?
(show your solution)
a. 22,786.54
b. 30,000
c. 19,351.43
d. 40,000​