You want to deposit 500 per month into the account for 36

Reference no: EM13470826

You wish to deposit $500 per month into an account for 36 months. Assume your interest rate is equal to the prime interest rate. Prime rate is 3.25

a) How much do you have (total) in the account after 36 months?

b) How much of that total is interest?

Reference no: EM13470826

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