You deposit $5,000 now into an account and plan to withdraw it in 3 years, with 10%

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You deposit $5,000 now into an account and plan to withdraw it in 3 years, with 10% nominal interest, compounded monthly. What would your factor formula be if you desire to know how much your account

Posted Date: Jun 04, 2024 07:07 AM

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You deposit $5,000 now into an account and plan to withdraw it in 3 years, with 10%

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