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can you do all 3 parts Future value with periodic rates. Matt Johnson delvers newspapers and is puting away 520 at the end of each
can you do all 3 parts
Future value with periodic rates. Matt Johnson delvers newspapers and is puting away 520 at the end of each month from his paper route collections. Matt is 10 . years old and will use the money when he goes to college in 8 years. What will be the value of Matts account in 8 years with his monthly payments if he is caming 7% (APR), 9% (APR), or 15% (APR)? What will be the value of Matt's account in 8 years whth his monthly payments if ho is earning 7% (APR)? (Round to the nearest cent.) Step by Step Solution
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