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April 20, 2014

Homework Help: MATH FINANCE

Posted by COURTNEY on Wednesday, September 29, 2010 at 3:03pm.

Mr. Smith wants to save for his sonís college education.
If he deposits $300 each month at 12% compounded
monthly, how much (to the nearest penny) will he have in the
account after 8 years?
Answer = $

HOW DO I SOLVE THIS ??

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