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  3. suppose you want deposit $200 each month into an a

Suppose you want deposit $200 each month into an account earning 3.5 % APR compounded...

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Basic Math

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Suppose you want deposit $200 each month into an account earning 3.5 % APR compounded monthly.a) Write an equation to find how many years N it will take to save $12,000?b) How many years will it take to save $12,000? Round to two decimals.

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