
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
النسخة 7الرقم المعياري الدولي: 978-1285448596
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
النسخة 7الرقم المعياري الدولي: 978-1285448596 تمرين 115
As a part of his retirement planning strategy, Mark Woodson deposits $125 each payday into an investment account at 3% interest compounded monthly. Mark gets paid on the first day of each month.
a. How much will his account be worth in 5 years?
b. How much will his account be worth in 15 years?
a. How much will his account be worth in 5 years?
b. How much will his account be worth in 15 years?
التوضيح
Calculating the future value of an ordin...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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