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Please answer this and show your solutions on paper. I will give you a very good feedback. on paper please :( ON PAPER PLEASE !
Please answer this and show your solutions on paper.I will give you a very good feedback. on paper please :(
ON PAPER PLEASE ! ON PAPER ! Give short explanation each answer on how you get you final answers.
Instruction: Solve the problem below, write your solution on a bondpaper and write an explanation on how you get your final answer.A deposit of $100 is placed into a college fund at the beginning of every month for 10 years. The fund earns 9% annual interest. compounded monthly. and paid at the end of the month. How much is in the account right after the last deposit? Solution: At the beginning of each month. $200 is deposited into a retirement fund. The fund earns 6% annual interest. compounded monthly. and paid into the account at the end of the month. How much is in the account if deposits are made for 10 years? SolutionStep by Step Solution
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