Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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Question
In order to accumulate enough money for a down payment on a house, a couple deposits $467 per month into an accoun paying 6% compounded monthly. If payments are made at the end of each period, how
much money will be in the account in 3 years?
What is the amount in the account after 3 years?
$⬜
(Round to the nearest cent as needed.)
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