Kristina saves 20 at the end of each week and deposits the


Question - Kristina saves $20 at the end of each week and deposits the money in an account paying 4% compounded monthly.

(a) How much will she accumulate in 10 years?

(b) How much of the accumulated amount is interest?

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Accounting Basics: Kristina saves 20 at the end of each week and deposits the
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