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MrsGerri Atric Decides to Save Money for Her Retirement

Question 42

Multiple Choice

Mrs.Gerri Atric decides to save money for her retirement.She makes monthly deposits of $150 starting on November 7,2012 and continuing to April 7,2015.If her deposits are earning j12 = 8%,how much money will she have on April 7,2015?


A) $4781,45
B) $4813.33
C) $4963.33
D) $5146.42

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