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Posted on Oct 04, 2024

Bon Scott wants to save for the future, so he plans to make monthly deposits of $250, beginning today, into an account that pays 6.0%

Bon Scott wants to save for the future, so he plans to make monthly deposits of $250, beginning today, into an account that pays 6.0% APR (monthly compounding). How much will Bon have 10 years from today?

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