Question
Sarah opens an investment account with an initial deposit of $ 1900. She then sets up monthly deposits of $ 100 to the account. If
Sarah opens an investment account with an initial deposit of $ 1900. She then sets up monthly deposits of $ 100 to the account. If the account earns 4.5% interest compounded monthly, how much money will she have in the account in 7 years?
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Multinational Business Finance
Authors: David Eiteman, Arthur Stonehill, Michael Moffett
15th Global Edition
129227008X, 9781292270081
