$1000 is deposited at the end of every month into an account earning 6.00% compounded monthly. If...

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$1000 is deposited at the end of every month into an account earning 6.00% compounded monthly. If the balance in the account 5 years after the last deposit is to be 50 000.00, how many deposits are needed?

Posted Date: May 18, 2024 04:00 AM

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$1000 is deposited at the end of every month into an account earning 6.00% compounded monthly. If...

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