Saving $230 per month starting today for the next 32 years. Interest rate of 9.9 percent compounded

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Saving $230 per month starting today for the next 32 years. Interest rate of 9.9 percent compounded monthly.

How much will there be in the account 32 years from today?

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Personal Finance

ISBN: 978-0134724713

4th Canadian edition

Authors: Jeff Madura, Hardeep Singh Gill

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Posted Date: May 12, 2023 06:04 AM

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Saving $230 per month starting today for the next 32 years. Interest rate of 9.9 percent compounded

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We can use the formula for the future value of an annuity to calculate the amount that ... View the full answer

Personal Finance

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