question archive A savings plan requires 48 deposits of $482 per month commencing today

A savings plan requires 48 deposits of $482 per month commencing today

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A savings plan requires 48 deposits of $482 per month commencing today. If the interest rate is 7.3% p.a compounding monthly, the value of the investment plan in exactly 4 years from today will be closest to: Select one: O a. $2149.58 O b. $26937.17 c. $2306.50 d. $26774.29 

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