You plan to save $500 per month for the next 8 years. If you earn a rate of 9% APR on your savings, how much will you 8 years from now?
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Question

You plan to save $500 per month for the next 8 years. If you earn

a rate of 9% APR on your savings, how much will you 8 years from now?
Round your answer to 4 decimal places, for example 100.1234.

Answered by Expert Tutors


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Subject: Business, Finance
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