Question: Bob has saved $535 each month for the last 3 years to make a down payment on a house. The account earned an interest rate
Bob has saved $535 each month for the last 3 years to make a down payment on a house. The account earned an interest rate of .34 percent per month. How much money is in Bob's account?
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To calculate the total amount of money in Bobs account we can use the future value formula for ... View full answer
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