question archive Zhomart decides that he needs to save 18000$ in 7 years to put towards a new vehicle
Zhomart decides that he needs to save 18000$ in 7 years to put towards a new vehicle
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Zhomart decides that he needs to save 18000$ in 7 years to put towards a new vehicle. He invests every month into an ordinary annuity earning 1.68% compounded monthly and achieves his goal in the end of 7th year? What is an interest accrued during the 37th period?.
