?(Nonannual compounding using a calculator?)??Ronnie Rental plans to invest ?$350 at the end of each...
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?(Nonannual compounding using a calculator?)??Ronnie Rental plans to invest ?$350 at the end of each monthmonth for 7 years into an account that pays 10.4 percent compounded monthlymonthly. He will use this money as a down payment on a new home at the end of the 7 years. How large will his down payment be 7 years from? today?
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