Math  /  Algebra

QuestionIn order to accumulate enough money for a down payment on a house, a couple deposits $244\$ 244 per month into an account paying 6%6 \% compounded monthly. If payments are made at the end of each period, how much money will be in the account in 7 years?
Type the amount in the account: \ \square$ (Round to the nearest dollar.)

Studdy Solution
Round the result to the nearest dollar.
The amount in the account is approximately:
\$ \boxed{23903}

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