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Ms. Jones deposited $400 at the end of each month for 20 years into a savings account earning 6% interest compounded mon
Posted: Thu May 05, 2022 7:45 pm
by answerhappygod
- Ms Jones Deposited 400 At The End Of Each Month For 20 Years Into A Savings Account Earning 6 Interest Compounded Mon 1 (18.49 KiB) Viewed 24 times
Ms. Jones deposited $400 at the end of each month for 20 years into a savings account earning 6% interest compounded monthly. However, she deposited an additional $1000 at the end of the fifteenth year. How much money was in the account at the end of the twentieth year? GETTI The total amount of money in the savings account after the twentieth year is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)