Suppose you invest $190 a month for 6 years into an account earning 8% compounded monthly. After 6 years, you leave the money, without making additional deposits, in the account for another 29 years....


Suppose you invest $190 a month for 6 years into an account earning 8% compounded monthly. After 6 years, you leave the money, without making additional deposits, in the account for another 29 years. How much will you have in the end?


$


Suppose instead you didn't invest anything for the first 6 years, then deposited $190 a month for 29 years into an account earning 8% compounded monthly. How much will you have in the end?


$



Jun 04, 2022
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