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New Perspectives on Microsoft Excel 2010 1st Edition by June Jamrich Parsons ,Dan Oja,Roy Ageloff ,Patrick Carey
Edition 1ISBN: 978-0538742917New Perspectives on Microsoft Excel 2010 1st Edition by June Jamrich Parsons ,Dan Oja,Roy Ageloff ,Patrick Carey
Edition 1ISBN: 978-0538742917 Exercise 3
You want a savings account to grow from $1,000 to $3,000 within two years. Assume the bank provides a 5.2 percent annual interest rate compounded monthly. What is the formula to calculate how much you must deposit each month to meet your savings goal What is the formula result
Explanation
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Amount Deposited Per Period
To calculat...
New Perspectives on Microsoft Excel 2010 1st Edition by June Jamrich Parsons ,Dan Oja,Roy Ageloff ,Patrick Carey
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