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You put $ 3 5 0 per month in an investment plan that pays an APR of 2 . 5 % . How much money

You put $ $350$ per month in an investment plan that pays an APR of $2.5 % .$ How much money will you have after $15$ years? Compare this amount to the total deposits made over the time period.

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Question

You put $ 3 5 0 per month in an investment plan that pays an APR of 2 . 5 % . How much money

You put $350 per month in an investment plan that pays an APR of 2.5%. How much money will you have after 15 years? Compare this amount to the total deposits made over the time period.

Step by Step Solution

Step: 1

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Recommended Textbook for

Technical Analysis Of Stock Trends

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You put $ $350$ per month in an investment plan that pays an APR of $2.5 % .$ How much money will you have after $15$ years? Compare this amount to the total deposits made over the time period.