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Use the savings plan formula to answer the following question You put $300 per month in an investment plan that pays an APR of 3.5%. How much money will you have ahter 14 years? Compare this amount to the total deposits made over the time period After 14 years the investment plan will contain (Do not round und the final anewer. Then round to the nearest cent as needed) The total deposits made over the time period is t (Type a whole number)

Use the savings plan formula to answer the following question You put $300 per month in an investment plan that pays an APR of 3.5%. How much money will you have ahter 14 years? Compare this amount to the total deposits made over the time period After 14 years the investment plan will contain (Do not round und the final anewer. Then round to the nearest cent as needed) The total deposits made over the time period is t (Type a whole number)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 14E
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Branscript Use the savings plan formula to answer the following question You put $300 per month in an investment plan that pays an APR of 3.5%. How much money will you have aher 14 years? Compare this amount to the total deposits made over the time period. After 14 years the investment plan will contain $ (Do not round until the final answer. Then round to the nearest cent as needed.) The total deposits made over the time period is $ (Type a whole number)
Transcribed Image Text:Branscript Use the savings plan formula to answer the following question You put $300 per month in an investment plan that pays an APR of 3.5%. How much money will you have aher 14 years? Compare this amount to the total deposits made over the time period. After 14 years the investment plan will contain $ (Do not round until the final answer. Then round to the nearest cent as needed.) The total deposits made over the time period is $ (Type a whole number)
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