Question
For 15 years, Janet saved $800 at the beginning of every month in a fund that earned 3.25% compounded annually. a. What was the balance
For 15 years, Janet saved $800 at the beginning of every month in a fund that earned 3.25% compounded annually.
a. What was the balance in the fund at the end of the period?
Round to the nearest cent
b. What was the amount of interest earned over the period?
Round to the nearest cent
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Issues In Finance And Monetary Policy
Authors: J. McCombie ,C. RodrĂguez González
1st Edition
0230007988,0230801498
