In order to accumulate enough money for a down payment on a house,a couple deposits $437per...

In order to accumulate enough money for a down payment on a house,a couple deposits $437per month into an account paying 6% compounded monthly. If payments are made at the end of each period,how much money will be in the account in 6 years?

Expert Solution

Calculations-

As no method was mentioned I have solved the problem using excel function

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jeff jeffy answered 2 years ago

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