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Home Q & A Board Science-Related Homework Help Mathematics
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ikrabbe ikrabbe
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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 semi-annually. 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) $600.50
B) $18 600.50
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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yacomyacom
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6 years ago
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ikrabbe Author
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6 years ago
Just got PERFECT on my quiz
aricketts6@
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Yesterday
Thanks for your help!!
bahajo
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2 hours ago
You make an excellent tutor!
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