If Jackson deposits $130 at the end of each month in a savings account earning interest at a rate of 6%/year compounded monthly, how much will he have on deposit in his savings account at the end of 7 years, assuming he makes no withdrawals during that pe # If Jackson deposits$130 at the end of each month in a savings account earning interest at a rate of 6%/year compounded monthly, how much will he have on deposit in his savings account at the end of 7 years, assuming he makes no withdrawals during that pe

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1. If Jackson deposits $130 at the end of each month in a savings account earning interest at a rate of 6%/year compounded monthly, how much will he have on deposit in his savings account at the end of 7 years, assuming he makes no withdrawals during that period? (Round your answer to the nearest cent.) 2. Robin, who is self-employed, contributes$6500/year into a Keogh account. How much will he have in the account after 35 years if the account earns interest at the rate of 7.5%/year compounded yearly? (Round your answer to the nearest cent.)

3. The Pirerras are planning to go to Europe 4 years from now and have agreed to set aside $190/month for their trip. If they deposit this money at the end of each month into a savings account paying interest at the rate of 9%/year compounded monthly, how much money will be in their travel fund at the end of the fourth year? (Round your answer to the nearest cent.) If Jackson Euler ### 1 Answer E Answered by 2 years ago 0 points #### Oh Snap! This Answer is Locked Thumbnail of first page Excerpt from file: 4. If Jackson deposits 130 at the end of each month in a savings account earning interest at a rate of 6%/year compounded monthly, how much will he have on deposit in his savings account at the end of 7 years, assuming he makes no withdrawals during that period? (Round your answer to the nearest Filename: 5.2456.pdf Filesize: < 2 MB Downloads: 0 Print Length: 1 Pages/Slides Words: 203 ### Your Answer Surround your text in *italics* or **bold**, to write a math equation use, for example, $x^2+2x+1=0\$ or $$\beta^2-1=0$$

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