Solution-Account at the end of that time period

Account at the end of that time period

Reference no: EM131388381

You have decided to place $221 in equal deposits every month at the beginning of the month into savings account earning 8.64 percent per year, compounded monthly for the next 8 years. The first deposit is made today. How much money will be in the account at the end of that time period?

Round the answer to two decimal places.

Reference no: EM131388381

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Account at the end of that time period

Reference no: EM131388381

Reference no: EM131388381

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