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  • one year ago

PLEASE HELP SOLVE THIS!!!!!! You decide to put $100 in a savings account to save for a $3,000 down payment on a new car. If the account has an interest rate of 2% per year and is compounded monthly, how long does it take you to earn $3,000 without depositing any additional funds?

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  1. anonymous
    • one year ago
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    @alicee0806 Do you know how to do this?

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