If you put $40 into a savings account each month for two years, how much would it

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If you put $40 into a savings account each month for two years, how much would it be worth with 4.01% interest? Assume you start with a zero balance in the account. You may use an interest calculator

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Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Apr 09, 2024 01:38 AM

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If you put $40 into a savings account each month for two years, how much would it

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The formula for compound interest is A P1 rnnt Where A the amount of ... View the full answer

Microeconomics An Intuitive Approach with Calculus

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