Question: How do I solve this problem WITHOUT excel? Please show your work and write a formula: What is the value of an ordinary annuity at
How do I solve this problem WITHOUT excel? Please show your work and write a formula:
What is the value of an ordinary annuity at the end of 8 years if $200 per month is deposited into an account earning 7.2% compounded monthly? How much of this value is interest?
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