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    Mathematics
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    Using and Understanding Mathematics
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    Exam 4: Managing Money
  5. Question
    Calculate the Balance Under the Given Assumptions
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Calculate the Balance Under the Given Assumptions

Question 51

Question 51

Multiple Choice

Calculate the balance under the given assumptions.
-Find the savings plan balance after 25 months with an APR of 3% and monthly payments of $476.


A) $4887.37
B) $12,263.94
C) $10,424.35
D) $5749.85

Correct Answer:

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