Question
You have decided to place $534 in equal deposits every month at the beginning of the month into a savings account earning 8.45 percent per
You have decided to place $534 in equal deposits every month at the beginning of the month into a savings account earning 8.45 percent per year, compounded monthly for the next 12 years. The first deposit is made today. How much money will be in the account at the end of that time period?
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Financial Markets Instruments And Institutions
Authors: Anthony M. Santomero, David Babbel
2nd Edition
0072358688, 9780072358681
