Mathematics, 26.06.2019 10:00 kingdede8811
Suppose you invest $75 a month in an annuity that earns 48% apr compounded monthly. how much money will you have in this account after 3 years?
Answers: 1
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![FV=P[\frac{(1+i)^n-1}{i} ]](/tpl/images/0019/0698/c2861.png)
![FV=75[\frac{(1+0.04)^{36}-1}{0.04} ]](/tpl/images/0019/0698/bfebd.png)
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Suppose you invest $75 a month in an annuity that earns 48% apr compounded monthly. how much money w...
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