SOLUTION: I started a bank account with 100 dlls and depositing 50 dlls monthly. What is the rule for this problem?

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Question 674138: I started a bank account with 100 dlls and depositing 50 dlls monthly. What is the rule for this problem?
Answer by ReadingBoosters(3246) About Me  (Show Source):
You can put this solution on YOUR website!
100 + 50m
...
Ending amount depends on interest earned and frequency of compounding.
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Delighted to help.
-Reading Boosters
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