Question
How much will you have in an account after 25 years if you put $1600 per month in the account earns 3% compounded monthly? Answer
How much will you have in an account after 25 years if you put $1600 per month in the account earns 3% compounded monthly?
Answer = $
b) How much will you have after 25 years if you put $1600 per month in the account that instead earns 4% compounded monthly?
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Get StartedRecommended Textbook for
Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
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