Multiple Choice
A man estimates that the computer he plans to buy in 15 months will cost $2,400.To meet this goal, how much should he deposit in an account paying 9.6%, compounded monthly?
A) $2,099.63
B) $2,109.63
C) $2,129.63
D) $2,133.63
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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