Mathematics, 28.09.2020 09:01, alcott1110

Jim Halpert wants to move his family to Philadelphia, but he needs money to move over there. He decides to start an account (sinking fund). He puts $100 into the account each month. The account pays 4% annual interest compounded monthly. He starts this account in 2013. How much will be in the account in 2019?

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Jim Halpert wants to move his family to Philadelphia, but he needs money to move over there. He deci...