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Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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![You are saving to buy a car, and you deposit $210 at the end of each month for two years at an APR of 4.8% compounded
monthly. What is the future value for this savings arrangement? That is, how much money will you have for the purchase of the
car after 2 years?
Round your answer to the nearest cent.
Macmillan Learning
balance: $](https://content.bartleby.com/qna-images/question/aebfc771-e8d5-4545-9676-a72af9880ba6/eb3aae1e-0a26-4d68-b9f2-5ec6942cd91a/6sfajrj_thumbnail.jpeg)
Transcribed Image Text:You are saving to buy a car, and you deposit $210 at the end of each month for two years at an APR of 4.8% compounded
monthly. What is the future value for this savings arrangement? That is, how much money will you have for the purchase of the
car after 2 years?
Round your answer to the nearest cent.
Macmillan Learning
balance: $
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