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35 votes
35 votes
Please help with my homework.

You deposit $4000 in an account earning 8% interest compounded monthly. How much will you have in the account in 15 years?

User Exequiel Barrirero
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1 Answer

17 votes
17 votes
$12,689

$4,000 with 8% interest for 15 years
User Zemljoradnik
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