You plan to buy a house in 11 years you want to save money


Question: You plan to buy a house in 11 years. You want to save money for a down payment on the new house. You are able to place $190 every month at the end of the month into a savings account at an annual rate of 3.03 percent, compounded monthly. How much money will be in the account after you made the last payment?

Round the answer to two decimal places.

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Finance Basics: You plan to buy a house in 11 years you want to save money
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