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TVM Question 1 You will start a part-time job that lasts for 6 months and pays $1000 per month. The first monthly payment will take
TVM Question 1 You will start a part-time job that lasts for 6 months and pays $1000 per month. The first monthly payment will take place 3 months from now. You decide to open an investment account that generates 6% compounded monthly and deposit each monthly payment there when you receive it. What will you have in this investment account 15 months from now?
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