SOLUTION: M=2500(1+0.00375)^60

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Question 177570: M=2500(1+0.00375)^60
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
M=2500(1+0.00375)^60
M = 2500*1.25179...
M = 3129.49
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Cheers,
Stan H.