What do you have saved after five years, Microeconomics

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What do you have saved after five years

Problem

You deposit $250 per month (10% of your salary) in a savings account that earns 6% nominal interest. Your deposit increases by $25 per month each year as your salary increases. What do you have saved after 5 years?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What do you have saved after five years

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Microeconomics: What do you have saved after five years

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