Mathematics, 17.02.2020 07:19 willijav000

Suppose you invest $750 into a savings account that has a 1.5% annual interest rate through your
work. Each month you plan to deposit $50 into the account.
Write a reclusive formula for the amount in the account if interest is compounded monthly.

Answers: 2

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More questions: Mathematics Another questions

Suppose you invest $750 into a savings account that has a 1.5% annual interest rate through your work. Each month you plan to deposit $50 into the account. Write a reclusive formula for the amount in the account if interest is compounded monthly.

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Another question on Mathematics

Suppose you invest $750 into a savings account that has a 1.5% annual interest rate through your
work. Each month you plan to deposit $50 into the account.
Write a reclusive formula for the amount in the account if interest is compounded monthly.