If Jackson deposited $400 at the end of each month in the saving account earing interest at the rate of 6%/year compound
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If Jackson deposited $400 at the end of each month in the saving account earing interest at the rate of 6%/year compound
If Jackson deposited $400 at the end of each month in the saving account earing interest at the rate of 6%/year compounded monthly, how much will he have on deposite in his savings account at the end of 6 years, assuming that he makes no withdrawals during that period? Round your answers to two decimal places.