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MHB What is the correct formula for calculating savings plan?
Hello! I am having trouble with this question. Please look at the image. I understand that I’m supposed to use the A = p *(1 + r/n) [(1 + r/n)n*y - 1] / (r/n) formula but I’m really stuck on this problem.- Ladybug101
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- Plan Word problem
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- Forum: Set Theory, Logic, Probability, Statistics