Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN: 9780134463216
Author: Robert F. Blitzer
Publisher: PEARSON
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You deposit $3000 in an account earning 2% interest compounded monthly. How much will you
have in the account in 5 years?
(Don't forget to compute i as the monthly interest rate and n as the total number or
periods/months.)
(Round to the nearest penny.)
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Transcribed Image Text:You deposit $3000 in an account earning 2% interest compounded monthly. How much will you have in the account in 5 years? (Don't forget to compute i as the monthly interest rate and n as the total number or periods/months.) (Round to the nearest penny.) Submit Question %24
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