you can afford monthly deposits of H232 into an 5-7% account that com poundad monthy. How pay long will it be until you have $7376.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
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2. You
account that
can afford monthly deposits of 332 into an
pay
5.7%
compoundad monthy. How
long will it be until
have
$7376.
you
pMT 232
Ci+)ー
PU = 737S
7375=
rulsthoo.ofl
275 C
000475
(v.0047h-1
26.818
= (1.00475)"-\
Cloo475)"
0.1973855
1.273856 =
n =1:273858= n(1.00475) is.
n (1.233858)
n = n (i-00475)
nン
Transcribed Image Text:2. You account that can afford monthly deposits of 332 into an pay 5.7% compoundad monthy. How long will it be until have $7376. you pMT 232 Ci+)ー PU = 737S 7375= rulsthoo.ofl 275 C 000475 (v.0047h-1 26.818 = (1.00475)"-\ Cloo475)" 0.1973855 1.273856 = n =1:273858= n(1.00475) is. n (1.233858) n = n (i-00475) nン
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