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Help please Jim Hayes wished to save a uniform amount each month so he would have $3000 at the end op year, Based on 5%
Help please Jim Hayes wished to save a uniform amount each month so he would have $3000 at the end op year, Based on 5% nominal interest, compounded monthly, he had to deposit $244.32 per month. How much would he have to deposit if his creditunion paid 5% nominal interest, compounded continuously? (Answer format: $x.xx) Answer Check
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