Laura deposits $2,000 in an account that has an annual interest rate of 1.96%, compounded monthly. How
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Laura deposits $2,000 in an account that has an annual interest rate of 1.96%, compounded monthly. How much interest will she earn at the end of 1 month? Round to the nearest cent.
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The amount she earns at the end of 1 month is 200...View the full answer
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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