The Mesa Grande Bank is paying 9% interest compounded monthly. a. If you deposit $100
Chapter 0, Problem 34(choose chapter or problem)
The Mesa Grande Bank is paying 9% interest compounded monthly. a. If you deposit $100 into a savings plan at the beginning of each month, how much will it be worth in 10 years?b. How much would the account be worth if the payments were made at the end of each month rather than at the beginning?
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