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PLEASE HELP ME SOLVE Peyton is making monthly contributions of of $260 to his savings account which pays interest at the APR of 7.4%, compounded
PLEASE HELP ME SOLVE
Peyton is making monthly contributions of of $260 to his savings account which pays interest at the APR of 7.4%, compounded monthly. Right after Peyton makes his 47 th contribution, the bank changes the APR to 5% and Peyton makes 47 more $260 contributions. What is Peyton's balance right after his last contributionStep by Step Solution
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