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    Introduction to Engineering Study Set 2
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    Exam 20: Engineering Economics
  5. Question
    If You Put Away a Fixed Amount Each Month, at 10
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If You Put Away a Fixed Amount Each Month, at 10

Question 20

Question 20

Essay

If you put away a fixed amount each month, at 10% APR compounded monthly, in order to
have $5000 in 3 years, how much will you have paid during that time?

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