You decide to contribute to a mutual fund that averages 3.7% return per year. If you contribute $575 quarterly.
Round all answers to the nearest cent as needed.
a) How much will be in the account after 10 years? $

b) How much of this money did you deposit? $

c) How much of this money is interest earned? $

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linaalobaidi2020 linaalobaidi2020

04-12-2022
Mathematics

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You decide to contribute to a mutual fund that averages 3.7% return per year. If you contribute $575 quarterly.
Round all answers to the nearest cent as needed.
a) How much will be in the account after 10 years? $

b) How much of this money did you deposit? $

c) How much of this money is interest earned? $

Sagot :

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