Question
You deposit $400 each month into an account earning 7% interest compounded monthly. Round your answers to the nearest whole dollar. a) How much will
You deposit $400 each month into an account earning 7% interest compounded monthly. Round your answers to the nearest whole dollar.
a) How much will you have in the account in 25 years?
b) How much total money will you put into the account?
c) How much total interest will you earn?
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The Essentials Of Machine Learning In Finance And Accounting
Authors: Mohammad Zoynul Abedin, M. Kabir Hassan, Petr Hajek, Mohammed Mohi Uddin
1st Edition
0367480816, 978-0367480813
