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As soon as he started his first job, Jhonny started investing at the rate of $400 per month into a savings account that earn am
As soon as he started his first job, Jhonny started investing at the rate of $400 per month into a savings account that earn am interest rate of 1% per month. which of the following expression could be used to determine his savings account in 10 years?
O F= 400(F/A, 1%, 120) F= [400/0.01) (F/P, 1%, 60) O F = 400[(P/A, 1%, 120) (F/P. 12%, 5)] O F= [4,800(P/A, 12%, 10)] [(F/P. 12%, 10)] Step by Step Solution
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