2. With the second … - QuestionCove

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Mathematics 4 Online

OpenStudy (anonymous):

2. With the second option, you would receive $250000 each month for 20 years. Suppose you were to open a bank account making 3.6% compounded monthly, and you deposit $250000 each month for 20 years. How much money would be in the account after 20 years? Total saved by taking monthly amounts:

14 years ago

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