Question: Ruby is saving money and plans on making monthly contributions into an account earning a monthly interest rate of 0 . 5 % . If
Ruby is saving money and plans on making monthly contributions into an account earning a monthly interest rate of If Ruby would like to end up with dollar sign, comma, $ after months, how much does she need to contribute to the account every month, to the nearest dollar? Use the following formula to determine your answer
Adin:i
A the future value of the account after n periods
d the amount invested at the end of each period
i the interest rate per period
n the number of periods
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