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    Exam 12: Mathematical Problem Set
  5. Question
    Pat Deposits\( \$ 150 \) At the End of Each Month into an Account That
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Pat Deposits $150 \$ 150 $150 At the End of Each Month into an Account That

Question 108

Question 108

Short Answer

Pat deposits $150 \$ 150 $150 at the end of each month into an account that pays 6% 6 \% 6% interest compounded monthly. After 8 years of deposits, what is the account balance?

Correct Answer:

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