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Ou deposit $200 each month into an account earning 6% interest compounded monthly. How much will you have in the account in 35 years? -) How much total money will you put into the account?

Ou deposit $200 each month into an account earning 6% interest compounded monthly. How much will you have in the account in 35 years? -) How much total money will you put into the account?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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You deposit $200 each month into an account earning 6% interest compounded monthly. a) How much will you have in the account in 35 years? b) How much total money will you put into the account? $ c) How much total interest will you earn? Question Help: Video 1 Video 2 Message instructor Submit Question
Transcribed Image Text:You deposit $200 each month into an account earning 6% interest compounded monthly. a) How much will you have in the account in 35 years? b) How much total money will you put into the account? $ c) How much total interest will you earn? Question Help: Video 1 Video 2 Message instructor Submit Question
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