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Mathematics 17 Online
OpenStudy (anonymous):

can someone help plz... Annuity. A deposit of $100 is made at the beginning of each month in an account that pays 3% interest compounded monthly. The balance A in the account at the end of 5 years is given by. A=100(1+0.03/12)^1+..........+100(1+0.03/12)^60 Find A.

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