Question
If you put $10 in a savings account at the beginning of each month for 15 years, how much money will be in the account
If you put $10 in a savings account at the beginning of each month for 15 years, how much money will be in the account at the end of the 10th year? Assume that the account earns 12% compounded monthly and round to the nearest $1
A) $1200
B) $3,485
C) $2,323
D) $5,046
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The International Handbook Of Public Financial Management
Authors: Richard Allen, Richard Hemming, B. Potter
1st Edition
1137574895, 978-1137574893
