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You deposit $275 each month into this account (7% APR compounded monthly), how much money will be in the account after 18 years (216 months)?

You deposit $275 each month into this account (7% APR compounded monthly), how much money will be in the account after 18 years (216 months)?
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3 votes
You deposit $275 each month into this account (7% APR

compounded monthly), how much money will be in the account
after 18 years (216 months)?

User Ahmad Iqbal Bhatti
by
8.0k points

1 Answer

5 votes

Answer:

120,050.58

Explanation:

User Sean
by
8.0k points
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