At the end of each year, Threads Crafts Inc. pays $1000 into a savings account. If interest

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At the end of each year, Threads Crafts Inc. pays $1000 into a savings account. If interest earned on the account is 3.24% compounded monthly, what would the account balance be in four years?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Feb 26, 2016 03:58 AM

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At the end of each year, Threads Crafts Inc. pays $1000 into a savings account. If interest

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Contemporary Business Mathematics with Canadian Applications

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