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majarm majarm
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6 years ago
Calculate the accumulated value of monthly payments of $100.00 made at the end of each month for ten years just after the last payment has been made if interest is 12% p.a. compounded monthly.
A) $23 003.87
B) $33 003.87
C) $12 000
D) $1 046.22
E) $330 003.87
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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josanjosan
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6 years ago
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