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7) Find the value of a retirement savings account with a monthly contribution of $50 (contributions made at the end of each month, including the last month), and an APR of 4.8% (compounded monthly) after 52- years. Round your answer to the nearest cent. 527 A) $142,078.50 B) $137,058.22 C) $138,420.00 D) $147,307.35 E) $134,013.40

7) Find the value of a retirement savings account with a monthly contribution of $50 (contributions made at the end of each month, including the last month), and an APR of 4.8% (compounded monthly) after 52- years. Round your answer to the nearest cent. 527 A) $142,078.50 B) $137,058.22 C) $138,420.00 D) $147,307.35 E) $134,013.40

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A retirment savings account 

17) Find the value of a retirement savings account with a monthly contribution of $50 (contributions made at the end of each month, including the last month), and an APR of 4.8% (compounded monthly) after 52- years. Round your answer to the nearest cent. A) $142,078.50 B) $137,058.22 C) $138,420.00 D) $147,307.35 E) $134,013.40
Transcribed Image Text:17) Find the value of a retirement savings account with a monthly contribution of $50 (contributions made at the end of each month, including the last month), and an APR of 4.8% (compounded monthly) after 52- years. Round your answer to the nearest cent. A) $142,078.50 B) $137,058.22 C) $138,420.00 D) $147,307.35 E) $134,013.40
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