Maria wants to buy a motorcycle in 4 years, when she turns 20. She deposits $80 every
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Maria wants to buy a motorcycle in 4 years, when she turns 20. She deposits $80 every month in a savings account that earns 1.25%, compounded monthly. How much money will she have to buy her motorcycle when she is 20? How much interest will she have earned?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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