Answer the question.You put $192 per month in an investment plan that pays an APR of 5% compounded monthly. How much money will you have after 19 years? Compare this amount to the total amount of deposits made over the time period.

A. $72,881.41; this is $18,161.41 more than the total amount of the deposits.
B. $72,834.57; this is $29,058.57 more than the total amount of the deposits.
C. $72,787.79; this is $36,307.79 more than the total amount of the deposits.
D. $61,909.38; this is $29,058.57 more than the total amount of the deposits.


Answer: B

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