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Find the savings plan balance after 17 months with an APR of 2% and monthly payments of $551

 Apr 3, 2020
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P=551;   R=0.02/12;  N=17;    FV=P*((1 + R)^N - 1)/ R;print"FV = $",FV

 

FV = $ 9492.94

 Apr 3, 2020

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