Mr. and Mrs. Nguyen’s property taxes, amounting to $3550, are due on July 1. What amount should the city accept if the t

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answerhappygod
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Mr. and Mrs. Nguyen’s property taxes, amounting to $3550, are due on July 1. What amount should the city accept if the t

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Mr. and Mrs. Nguyen’s property taxes, amounting to $3550, aredue on July 1. What amount should the city accept if the taxes arepaid eight months in advance and the city can earn 3.6% compoundedmonthly on surplus funds? $3,612.39
None of the answers is correct
$3,465.94
$3,563.57
$3,417.12
$3,514.75
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