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    Mathematics
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    Precalculus Graphical Numerical Algebraic
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    Exam 3: Exponential, Logistic, and Logarithmic Functions
  5. Question
    Juan Deposits $200 Each Month into a Retirement
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Juan Deposits $200 Each Month into a Retirement

Question 10

Question 10

Essay

Juan deposits $200 each month into a retirement
account that pays 9.00% APR (0.75% per month).
What is the value of this annuity after 30 years?

Correct Answer:

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