You have decided to place 213 in equal deposits every month


You have decided to place $213 in equal deposits every month at the beginning of the month into a savings account earning 9.28 percent per year, compounded monthly for the next 15 years. The first deposit is made today. How much money will be in the account at the end of that time period?

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Financial Management: You have decided to place 213 in equal deposits every month
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