Provide an appropriate response.The premiums on an insurance policy are $20 a month, payable at the beginning of each month. If the policy holder wishes to pay 1 year's premiums in advance, how much should be paid provided that the interest rate is 5.1% compounded monthly?
Fill in the blank(s) with the appropriate word(s).
$234.49
Mathematics
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A. 
B. 
C. 
D. 
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A. 0.553 m B. 0.05533 m C. 55,330 m D. 5533 m
Mathematics