Cameron is saving for his retirement 21 years from now by setting up a savings...
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Cameron is saving for his retirement years from now by setting up a savings plan. He has set up a savings plan wherein he will deposit $ at the end of each month for the next years. Interest is compounded monthly. a How much money will be in his account on the date of his retirement? b How much will Cameron contribute c How much will be interest?
Cameron is saving for his retirement years from now by setting up a savings plan. He has set up a savings plan wherein he will deposit $ at the end of each month for the next years. Interest is compounded monthly.
a How much money will be in his account on the date of his retirement?
b How much will Cameron contribute
c How much will be interest?
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