Sally deposited 100 a month in her savings account for 24, Ask an Expert

Economics

Sally deposited $100 a month in her savings account for 24 months. For the next 5 years she made no deposits. What is the future worth in Sally's savings account at the end of the 7 years, if the account earned 6% annual interest, compounded monthly?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92637672

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