Question
Ron has made deposits of $213.00 into his savings account at the end of every three months for 10 years. If interest is 8% per
Ron has made deposits of $213.00 into his savings account at the end of every three months for 10 years. If interest is 8% per annum compounded monthly and he leaves the accumulated balance for another 2 years, what would be the balance in his account then?
The balance in his account would be $
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Financial Accounting A Business Perspective
Authors: Jefferson Williams, Roger Hermanson, James Don Edwards
10th Edition
1930789793, 978-1930789791
