K Ms. Jones deposited $300 at the end of each month for 20 years into a savings account earning 3% interest compounded monthly. However, she deposited an additional $1000 at the end of the sixth year. How much money was in the account at the end of the twentieth year? WITH The total amount of money in the savings account after the twentieth year is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
K Ms. Jones deposited $300 at the end of each month for 20 years into a savings account earning 3% interest compounded monthly. However, she deposited an additional $1000 at the end of the sixth year. How much money was in the account at the end of the twentieth year? WITH The total amount of money in the savings account after the twentieth year is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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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Transcribed Image Text:K
Ms. Jones deposited $300 at the end of each month for 20 years into a savings account earning 3% interest
compounded monthly. However, she deposited an additional $1000 at the end of the sixth year. How much money
was in the account at the end of the twentieth year?
WITH
The total amount of money in the savings account after the twentieth year is $
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as
needed.)
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