Solution-Find the account balance, The account earns 6%

Find the account balance

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Reference no: EM131096842

Mr. Ronald Carkosheek pays 2000 Polish zloties every month in a savings account for his son's college expenses. The account earns 6% nominal annual interest rate compounded monthly. First deposit was made January 1, 2015. Mr. Carkosheek misses deposits 72 through 84, but continues making the deposits afterwards. Find the account balance at the end of the year 2029

Reference no: EM131096842

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Find the account balance : The account earns 6% nominal annual interest rate compounded monthly. First deposit was made January 1, 2015. Mr. Carkosheek misses deposits 72 through 84, but continues making the deposits afterwards. Find the account balance at the end of the ye..

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Find the account balance

Reference no: EM131096842

Reference no: EM131096842

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