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Compound Interest Answers  

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Compound Interest Question

You can afford monthly deposits of $140 into an account that pays 3.0% compounded monthly. How long will it be until you have $6,600 to buy a boat? Type the number of months:___ (round to...

Compound interest

Suppose you are managing an account in which you deposit  $20,000 at the end of each year for 20 years. How much amount you have accumulated with the assumption that you earn 5% interest compounded...

interest problem

suppose that you save for retirement by contributing the same amount each month from your 23rd birthday until your 65th birthday in an account that pays a steady 4% annual interest compounded monthly...

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