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OpenStudy (anonymous):
leo is setting a retirement account. If the interest rate is 5% compounded monthly, How much will the account be worth after 20 years if $200.00 is added each month?
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OpenStudy (dani_rose):
Your basically gonna do what we did last time
OpenStudy (anonymous):
ok
OpenStudy (dani_rose):
\[20\times200.00=? \times5%\]
OpenStudy (anonymous):
20,000
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