How much money will be on his account at end of time period


Problem

Marc decided to place $916 in equal deposits every month at the beginning of the month into a savings account earning 5.63 percent per year, compounded monthly for the next 15 years. The first deposit is made today. How much money will be on his account at the end of that time period?

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Financial Accounting: How much money will be on his account at end of time period
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