Question
You have decided to place $684 in equal deposits every month at the beginning of the month into a savings account earning 6.41 percent per
You have decided to place $684 in equal deposits every month at the beginning of the month into a savings account earning 6.41 percent per year, compounded monthly for the next 7 years. The first deposit is made today. How much money will be in the account at the end of that time period?
Round the answer to two decimal places AND INPUT FORMULA.
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Analysis for Financial Management
Authors: Robert Higgins
11th edition
77861787, 978-0077861780
