On January 1, 2002, I have $500. At the end of each month, I earn 2 percent
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On January 1, 2002, I have $500. At the end of each month, I earn 2 percent interest. Each month’s interest is based on the average of the month’s beginning and ending balances. How much money will I have after 12 months?
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Related Book For 
Microsoft Excel Data Analysis And Business Modeling
ISBN: 9780137613663
7th Edition
Authors: Wayne Winston
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