Investnieiit A deposit of .Slot) is made at the beginning ofeach month in an account at
Chapter 8, Problem 96(choose chapter or problem)
Investnieiit A deposit of .Slot) is made at the beginning ofeach month in an account at an annual interest rate o! 12%compounded monthl\ The balance in the account alter 11months isA = l(l()(mil[ll (III" - 1],(a) Compute the first si\ terms ol the scqticncc 1/4|.(bl find the balance after .^ \c.irs b\ computing tlie fiOili termof the sequence.(c) Fiiitl the balance after 20 years by conipiiting the 240thterm of the sciiiicnce.
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