In order to accumulate enough money for a down payment on a house, a couple deposits $765 per month into an account paying 6% compounded monthly. If payments are made at the end of each period, how...


In order to accumulate enough money for a down payment on a house, a couple deposits $765 per month into an account paying 6% compounded monthly. If payments are made at the end of each period, how<br>much money will be in the account in 6 years?<br>What is the amount in the account after 6 years?<br>(Round to the nearest cent as needed.)<br>

Extracted text: In order to accumulate enough money for a down payment on a house, a couple deposits $765 per month into an account paying 6% compounded monthly. If payments are made at the end of each period, how much money will be in the account in 6 years? What is the amount in the account after 6 years? (Round to the nearest cent as needed.)

Jun 04, 2022
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