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BA/350 BA/350 ASSIGNMENT 5 PROBLEM 20 -ANSWER KEY

BA/350 BA/350 ASSIGNMENT 5 PROBLEM 20 -ANSWER KEY
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BA/350 ASSIGNMENT 5 PROBLEM 20

Joe’s uncle is going to give him $250.00 a month for the next two years starting today. If joe banks every payment in an account paying 6% compounded monthly, how much will he have at the end of three years?

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