Question: Chapter 3 Problem 3: A college student is going to live off campus next year, and wants to save this year for furniture and kitchen
Chapter 3 Problem 3: A college student is going to live off campus next year, and wants to save this year for furniture and kitchen ware. She deposits $200 monthly starting at the end of the first month into a 6-month Certificate of Deposit, at an annual interest rate of 6%, for 6 months. How much will she have at the end of the sixth month?
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