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For 21 years Janet saved 850 at the beginning of every mon.pdf

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For 21 years, Janet saved $850 at the beginning of every month in a fund that earned 4.17% compounded annually. a. What was the balance in the fund at the end of the period? Round to the nearest cent b. What was the total amount of interest earned over the period?.

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For 21 years, Janet saved $850 at the beginning of every month in a fund that earned 4.17% compounded annually. a. What was the balance in the fund at the end of the period? Round to the nearest cent b. What was the total amount of interest earned over the period?

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For 21 years Janet saved 850 at the beginning of every mon.pdf

  • 1. For 21 years, Janet saved $850 at the beginning of every month in a fund that earned 4.17% compounded annually. a. What was the balance in the fund at the end of the period? Round to the nearest cent b. What was the total amount of interest earned over the period?