A depositor opens a money market account with $5000 at 8% compounded monthly. After two
Chapter 8, Problem 68(choose chapter or problem)
A depositor opens a money market account with $5000 at 8% compounded monthly. After two years, $1500 is withdrawn from the account to buy a new computer. A year later, $2000 is put in the account. What will be the ending balance if the money is kept in the account for another three years?
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