Your sister has found an attractive savings account overseas. She is planning to put $15,263 in that

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Your sister has found an attractive savings account overseas. She is planning to put $15,263 in that account today. The account pays an interest of 5%, compounding monthly. How much will there be in the account after 4 years?

(Round your answer to the nearest dollar)

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Entrepreneurship

ISBN: 9781119563099

5th Edition

Authors: Andrew Zacharakis, William D Bygrave

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Posted Date: May 09, 2024 06:14 AM

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Your sister has found an attractive savings account overseas. She is planning to put $15,263 in that

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To calculate the future value of the account after 4 years we can use the formula for ... View the full answer

Entrepreneurship

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