Question: In order to accumulate enough money for a down payment on ahouse, a couple deposits$463 per month into an account paying6% compounded monthly. If payments
In order to accumulate enough money for a down payment on ahouse, a couple deposits$463 per month into an account paying6% compounded monthly. If payments are made at the end of eachperiod, how much money will be in the account in3 years?
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