How much money will you have in 20 years

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If you deposit $500/month into an account that earns an annual nominal interest rate of 12%, compounded monthly, how much money will you have in 20 years?

Reference no: EM13284061

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How much money will you have in 20 years : If you deposit $500/month into an account that earns an annual nominal interest rate of 12%, compounded monthly, how much money will you have in 20 years?

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