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Home Q & A Board Science-Related Homework Help Mathematics
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majarm majarm
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6 years ago
Sam got a job at the Brick. He plans to save $500 every month for 3 years to buy a car. The savings account earns 2.25% compounded monthly. If he puts the money in his savings account at the end of each month, how much interest is included in the future value of the annuity?
A) $18 000.00
B) $18 408.04
C) $18 603.37
D) $408.04
E) $603.37
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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AxyAxy
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6 years ago
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majarm Author
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6 years ago
Thanks
sleinhi
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Yesterday
This helped my grade so much Perfect
annielin111
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2 hours ago
Thanks
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