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Original Question
Find the savings plan balance after 3 years with an APR of % 3 and monthly payments of $150Asked by Gabriel
Find the savings plan balance after 2 years with an APR of 6% and monthly payments of $250.
Answers
Answered by
oobleck
Just use your formula
P((1+r/12)^12n - 1)/r
P((1+r/12)^12n - 1)/r