Mathematics, 31.07.2021 14:00 nikejose11

Beginning in January, a person plans to deposit $1 at the end of each month into an account earning 15% compounded monthly. Each year taxes must be paid on the interest earned during that year. Find
the interest earned during each year for the first 3 years.

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Beginning in January, a person plans to deposit $1 at the end of each month into an account earning 15% compounded monthly. Each year taxes must be paid on the interest earned during that year. Find the interest earned during each year for the first 3 years.

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Another question on Mathematics

Beginning in January, a person plans to deposit $1 at the end of each month into an account earning 15% compounded monthly. Each year taxes must be paid on the interest earned during that year. Find
the interest earned during each year for the first 3 years.