The interest earned is deposited back into the sacinvgs, Ask an Expert

Economics

You deposit $377 per month in a savings account in the Caymen Islands at an nominal annual rate of 5.57%. The interest earned is deposited back into the sacinvgs account each month. How much is this account worth 28 years? Answer to the nearest dollar.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9447206

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