Solve the problem.Lonnie deposits $125 each month into an account paying annual interest of 7% compounded monthly. How much will his account have in it at the end of 8 years?
A. $16,025
B. $16,154
C. $1282
D. $15,871
Answer: A
Mathematics
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for r
A. r = P - It
B. r = 
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Mathematics