Sally deposited 100 a month in her savings account for 24, Business Economics

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Sally deposited 100 a month in her savings account for 24

Sally deposited $100 a month in her savings account for 24 months. For the next five years she made no deposits. What is the future worth in Sally’s savings account at the end of seven years, if the account earned 6% annual interest, compounded monthly?

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Business Economics: Sally deposited 100 a month in her savings account for 24

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Business Economics: Sally deposited 100 a month in her savings account for 24

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