Question
You deposit $100 each month into an account earning 2% interest compounded monthly. a) How much will you have in the account in 30 years?
You deposit $100 each month into an account earning 2% interest compounded monthly.
a) How much will you have in the account in 30 years?
$
b) How much total money will you put into the account?
$
c) How much total interest will you earn?
$
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Mathematical Applications for the Management Life and Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
11th edition
9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042
