(Answered) A typical coffee-a-day drinker in greenville tx spends 1123

Management Studies

A typical coffee-a-day drinker in Greenville, TX spends $11.23 a day on Starbucks. Suppose the drinker invests this money at the end of each month in a saving account at 2.5% compounded monthly. What would the account be worth after 40 years? (HINT: you will need to first find the monthly cost of the daily spending-assume 30 days a month.)

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Business Management, Management Studies

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