Markus spends $60 per month on cigarettes. Suppose he quits smoking and invests the same amount at

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Markus spends $60 per month on cigarettes. Suppose he quits smoking and invests the same amount at the end of each month for 20 years. If the invested money earns 7.5% compounded monthly, how much will Markus accumulate after 20 years?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:39 AM

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Markus spends $60 per month on cigarettes. Suppose he quits smoking and invests the same amount at

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Given PMT 60month n 1220 240 ...View the full answer

Business Mathematics In Canada

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