Jason is saving for a new TV. He currently has $1,200 in his account that earns 3%,
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- Jason is saving for a new TV. He currently has $1,200 in his account that earns 3%, compounded monthly, and the new TV costs $4,500. Assuming Jason deposits $100 in his account each month, how many months until his account has enough money to purchase the new TV?
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To solve this problem we need to calculate the growth of Jasons savings account over time taking int... View the full answer
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