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Ksenya-84 [330]

3 years ago

9

Matt is saving to buy a new motorcycle. If he deposits $70 at the end of each month in an account that pays an annual interest r

ate of 6.5% how much will he have in 15 months? Assume that the compunding is being done monthly.

1 answer:

satela [25.4K]3 years ago

6 0

You will have $1118.25 in 15 mouth

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