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Help 10

 Nov 20, 2018
 #1
avatar+95884 
+1

10%  x  $1470   =  $147

 

So....we are investing $147  at 3.5%  compounded monthly for 25 years

 

So we have

 

147  * ( 1 + .035 / 12)^ (12 * 25)   ≈  $352.19

 

 

 

cool cool cool

 Nov 20, 2018

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