Parsons Luna
07/02/2023 · High School
You deposit \( \$ 300 \) each month into an account earning \( 7 \% \) interest compounded monthly. a) How much will you have in the account in 20 years? b) How much total money will you put into the account? c) How much total interest will you earn?
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a) Future Value in 20 years: **$156,030.00**
b) Total Money Deposited: **$72,000**
c) Total Interest Earned: **$84,030.00**
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