Jerry N.

asked • 12/17/20

If payments are made at the end of each​ period, how much money will be in the account in 6 ​years?

In order to accumulate enough money for a down payment on a​ house, a couple deposits $254 per month into an account paying 6% compounded monthly. If payments are made at the end of each​ period, how much money will be in the account in 6 ​years?


Type the amount in the​ account: ​$ _________

​(Round to the nearest​ dollar.)

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