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A savings plan requires 48 deposits of $410 per month commencing today. If the interest rate is 10.2% p.a compounding monthly, the value of the
A savings plan requires 48 deposits of $410 per month commencing today. If the interest rate is 10.2% p.a compounding monthly, the value of the investment plan in exactly 4 years from today will be closest to:
Question 15Answer
a.
$24176.32
b.
$2103.08
c.
$1908.42
d.
$24381.82
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