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Home Q & A Board Science-Related Homework Help Mathematics
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RichaDuggi13 RichaDuggi13
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10 months ago
Monarch Distributing Ltd. plans to accumulate funds for the purchase of a larger warehouse seven years from now. If Monarch contributes $10,000 at the beginning of each month to an investment account earning 4.5% compounded semiannually, what amount (rounded to the nearest dollar) will Monarch accumulate by the end of the seven years?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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shanelljac204shanelljac204
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Anonymous
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5 months ago
Help! The answer is missing an explanation...
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Educator
5 months ago
Added my solution to the answer!
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