Mathematics, 27.04.2021 04:10 kereshmeh

Lief decides it's time to start saving for his future and deposits $425 each month at 5.7% annual interest, compounded monthly, for 25 years. At the end of 25 years, he has an account balance of $281,292.21. How much of this did Lief contribute and how much of this is interest?

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Lief decides it's time to start saving for his future and deposits $425 each month at 5.7% annual in...

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