Joan authorized her bank to withdraw $120 every month. The money was transferred automatically into a savings

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Joan authorized her bank to withdraw $120 every month. The money was transferred automatically into a savings account. If the savings account earned 2.4% compounded monthly, how much interest will the account have earned after 8 years?
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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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