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13-04-2024
Mathematics

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You open a savings account that pays compound interest. Find the total amount (a/k/a future value) in the compound interest account after five years, assuming no withdrawals are made. Total Amount Invested in compound interest account: 5400. Annual Interest Rate: 2.2%. # times interest is compounded: monthly. Amount paid into savings annuity account every month for five years: 90

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