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    Mathematics
  3. Study Set
    Precalculus Graphical Numerical Algebraic
  4. Exam
    Exam 3: Exponential, Logistic, and Logarithmic Functions
  5. Question
    Solve the Problem. -Suppose You Contribute to a Fund That Earns 11.9% Annual
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Solve the Problem. -Suppose You Contribute to a Fund That Earns 11.9% Annual

Question 246

Question 246

Multiple Choice

Solve the problem.
-Suppose you contribute to a fund that earns 11.9% annual interest. What should your monthly payment be if you want to accumulate $340,000 in 17 years?


A) $415.87
B) $623.80
C) $519.84
D) $779.76

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