A company makes a payment of $1200 each month into a sinking fund that earns 6% compounded monthly.
Question: A company makes a payment of $1200 each month into a sinking fund that earns 6% compounded monthly. Use your graphing calculator to determine when (in how many months) the fund will be worth $100,000 (approximate, rounding to the nearest 100th).
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Answer: The solution file consists of 1 page
Type of Deliverable: Word Document
Type of Deliverable: Word Document
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