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Mathematik-Online problems:

Problem 997: Annuity


A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

A deposit of $ \$100$ is made every month for $ 2$ years into a saving account that pays $ 5\%$ interest rate, compounded monthly. What is the balance at the end of the $ 2$ years?
(Author: Rafee )

Solution:


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  automatisch erstellt am 24. 10. 2007