EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN: 9781337514835
Author: MOYER
Publisher: CENGAGE LEARNING - CONSIGNMENT
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In order to save for your child's college education, you want to save $300 every month for 15 years, starting one month from now. The monthly interest rate on your savings account is 0.4%. How much money will you have in your account in 15 years?
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