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Mathematics, 28.11.2020 15:40 natbod133

Kyle is saving for a new computer. He has 878 EUR, but he needs at least 929 EUR to buy the computer he wants. He decides to invest his money in a savings scheme which offers 4.23% annual interest compounded monthly. How many full months will it take him to save for his computer?

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Kyle is saving for a new computer. He has 878 EUR, but he needs at least 929 EUR to buy the computer...

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