You deposit $200 monthly in a saving plan with APR of 6% for 10 years. How much would your accumulated balance be after the 10 years.
You deposit $200 monthly in a saving plan with APR of 6% for 10 years. How much would your accumulated balance be after the 10 years.
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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You deposit $200 monthly in a saving plan with APR of 6% for 10 years.
How much would your accumulated balance be after the 10 years.
Note: use 6 digits after decimal in your calculations. But give your final answer with 2 digits after decimal.
choose the answer that is within few dollars from your answer.
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