Business
Business, 11.02.2020 22:27, Mumi2232

Kym plans to deposit $100 in an account at the end of each month for the next five years so that she can take a trip.
(A) If Kym's opportunity cost rate is 6 percent compounded monthly, how much will she have in the account in five years?
(B) How much w ill be in the account if the deposits are made at the beginning of each month?

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Answers: 3

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Kym plans to deposit $100 in an account at the end of each month for the next five years so that she...

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