Question
Jennifer has $6,000 invested in a money market account that pays 1.5% interest compounded monthly at the end of each month. She makes deposits at
| Jennifer has | $6,000 | invested in a money market account | |||||||
| that pays 1.5% interest compounded monthly at the end of | |||||||||
| each month. She makes deposits at the end of each month | |||||||||
| of | $250 | . How much will she have in the account | |||||||
| after 3 years? | |||||||||
| Enter Answer | |||||||||
| Complete your rough work (if any) in the space below | |||||||||
| Enter your Final Answer Here | |||||||||
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Financial Accounting For Decision Makers
Authors: Peter Atrill, Eddie McLaney
9th Edition
1292251255, 9781292251257
