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$ 8,000 is deposited in an account that pays 12% interest compounded monthly for 12 months,...

$ 8,000 is deposited in an account that pays 12% interest compounded monthly for 12 months, how much money will be in the account at 12 months?

select one:

a) A = 8000 (1+ 0.12 / 12) ^ (12)
b) A = 8000 (1+ 0.12 / 12) ^ (114)
c) A = 800 (1 + 0.12 / 1) ^ (12)
d) A = 8000 (1 + 0.12 / 12)

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