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OpenStudy (anonymous):
Matt is saving to buy a new motorcycle. If he deposits $60 at the end of each month in an account that pays an annual interest rate of 3.5%, how much will he have in 15 months? Assume that the compounding is being done monthly.
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OpenStudy (anonymous):
P (1+i)^n P is the principal or starting amount i is the interest rate per period n is the number of periods
OpenStudy (anonymous):
I am an idiot
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