Mathematics, 20.04.2020 18:51, marithatkid

You want to save for a brand-new car. You put the $5,000 your Grandma gave you when you graduated in an account that pays 6% interest and is compounded monthly. How much will you have at the end of five years? Hint: use Compound Interest formula A = P (1 +r/n)nt.

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You want to save for a brand-new car. You put the $5,000 your Grandma gave you when you graduated in...