Timothy deposits ($ 1,200) in a savings account that bears (1.85 %) interest compounded monthly. If Timothy

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Timothy deposits $\$ 1,200$ in a savings account that bears $1.85 \%$ interest compounded monthly. If Timothy does not deposit or withdraw money from the account how much is in Timothy's account after 3 years?

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Contemporary Mathematics

ISBN: 9781711470559

1st Edition

Authors: OpenStax

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Question Posted: May 29, 2024 10:00 AM

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Timothy deposits ($ 1,200) in a savings account that bears (1.85 %) interest compounded monthly. If Timothy

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Contemporary Mathematics

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