Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN: 9780134463216
Author: Robert F. Blitzer
Publisher: PEARSON
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Question

You open a brand-new savings account January 1, 2021. every paycheck you earn you deposit $25 into a savings account and you never make any withdrawals from this account. your savings account makes 0.01% interest and is compounded monthly. Assuming you get paid every two weeks how much money will you have at the end of the year?

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