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Robert wants to accumulate at least $55,000 by depositing $2,000 at the end of every month into a fund that earns interest at 5.75% compounded
Robert wants to accumulate at least $55,000 by depositing $2,000 at the end of every month into a fund that earns interest at 5.75% compounded monthly. a. How many deposits does she need to make to reach her goal? 0 Round to the next payment b. How long will it take Robert to reach her goal? 0 years 0 months Express the answer in years and months, rounded to the next payment period
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Matlab An Introduction with Applications
Authors: Amos Gilat
5th edition
1118629868, 978-1118801802, 1118801806, 978-1118629864
