Mathematics, 02.10.2019 03:10 ItsLeyArt
Jessica wants to accumulate $11,000 by the end of 4 years in a special bank account, which she had opened for this purpose. to achieve this goal, jessica plans to deposit a fixed sum of money into the account at the end of the month over the 4-year period. if the bank pays interest at the rate of 6% per year compounded monthly, how much does she have to deposit each month into her account? (round your answer to the nearest cent.)
Answers: 2
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Jessica wants to accumulate $11,000 by the end of 4 years in a special bank account, which she had o...
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