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Luenna wants to have $3275.00 in her bank account in 10 years How much money should she deposit if her account earns 7.5% which is compounded every month

Luenna wants to have $3275.00 in her bank account in 10 years How much money should she deposit if her account earns 7.5% which is compounded every month
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luenna wants to have $3275.00 in her bank account in 10 years How much money should she deposit if her account earns 7.5% which is compounded every month

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User Jason Keene
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1 Answer

4 votes
The answer is 3275/12=272.916666667/7.5=36.3888888889


answered
User Mocking
by
7.4k points
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