Mathematics, 23.06.2021 03:00, pennygillbert

Ng Kellen is saving for retirement. He deposits $325 each month at 3.2% annual interest for 20 years. According to his
calculations, at the end of 20 years he should have $109, 061.81 in his account. How much of this did Kellen
contribute and how much of this is interest?

Answers: 1

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Ng Kellen is saving for retirement. He deposits $325 each month at 3.2% annual interest for 20 year...