Question
Marc decided to place $140 in equal deposits every month at the beginning of the month into a savings account earning 4.27 percent per year,
Marc decided to place $140 in equal deposits every month at the beginning of the month into a savings account earning 4.27 percent per year, compounded monthly for the next 14 years. The first deposit is made today. How much money will be on his account at the end of that time period?
Round the answer to two decimal places.
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Financial Accounting Essentials You Always Wanted To Know Self Learning Management Series
Authors: Vibrant Publishers , Kalpesh Ashar
5th Edition
1636510973, 978-1636510972
