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In order to accumulate enough money for a down payment on a house, a couple deposits $723

In order to accumulate enough money for a down payment on a house, a couple deposits $723

In order to accumulate enough money for a down payment on a house, a couple deposits $723 per month into an account paying 3% compounded monthly. If payments are made at the end of each period, how much money will be in the account in 5 years'? Type the amount in the account: $ (Round to the nearest dollar.)

 
Abhinav 03-Dec-2019

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