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Business, 07.06.2021 17:10 stella013108

Bill plans to deposit $200 into a bank account at the end of every month. The bank account has a nominal interest rate of 8 percent and interest is compounded monthly. How much will Bill have in the account at the end of 2½ years (30 months)?

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Bill plans to deposit $200 into a bank account at the end of every month. The bank account has a nom...
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