Question
K How much must be deposited at the end of each month for 4 years to accumulate to $3831.00 at 5% compounded monthly? The
K How much must be deposited at the end of each month for 4 years to accumulate to $3831.00 at 5% compounded monthly? The required deposit is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
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