Mathematics, 29.03.2021 22:20, Kassymatt

Compare the following scenarios: 1. Deposit $100 a month for twenty years into an account with an annual rate of 5% compounded monthly.
2. Wait ten years - deposit $200 a month for ten years into an account with an annual rate of 5% compounded monthly.
3. In the second scenario what amount needs to be deposited in order to have the same amount after the ten years as you did in part "a".

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Compare the following scenarios: 1. Deposit $100 a month for twenty years into an account with an a...