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deposit $278 per month in a savings account in the Cayman Is

Paper help Economics deposit $278 per month in a savings account in the Cayman Is

Economics

deposit $278 per month in a savings account in the Cayman Is

deposit $278 per month in a savings account in the Cayman Islands at an nominal annual interest rat… Show more deposit $278 per month in a savings account in the Cayman Islands at an nominal annual interest rate of 3.15%. The interest earned is deposited back into the savings account at the end of each month. How much is this account worth after 38 years? • Show less

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