How long does $1000 have to be deposited into a savings account at the end of each

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How long does $1000 have to be deposited into a savings account at the end of each month to accumulate to $36 000 if interest is 6.4% compounded monthly?

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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: Sep 21, 2024 05:20 AM

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How long does $1000 have to be deposited into a savings account at the end of each month to accumulate to $36 000 if interest is 6.4% compounded monthly?
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How long does $1000 have to be deposited into a savings account at the end of each

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Contemporary Business Mathematics with Canadian Applications

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