SOLUTION: Determine the monthly amount to be added to a savings account (starting with a zero balance) yielding 5.4% interest for 8 years if the final value of the account is to be $20,000.
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-> SOLUTION: Determine the monthly amount to be added to a savings account (starting with a zero balance) yielding 5.4% interest for 8 years if the final value of the account is to be $20,000.
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Question 1062874: Determine the monthly amount to be added to a savings account (starting with a zero balance) yielding 5.4% interest for 8 years if the final value of the account is to be $20,000. Answer by Fombitz(32388) (Show Source):
