Question: Bob has saved $560 each month for the last 4 years to make a down payment on a house. The account earned an interest rate

  • Bob has saved $560 each month for the last 4 years to make a down payment on a house. The account earned an interest rate of .39 percent per month. How much money is in Bob's account?

    Multiple Choice

  • $29,497.56

  • $28,826.54

  • $28,215.06

  • $28,480.41

  • $26,880.00

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