Question

Question 1
Each month Susannah invests €100 in an account earning 4% annual
interest compounded monthly.
(a) Find the value of her investment after 20 years, assuming she started
with a zero balance.
(b) How much initial balance would she have had to start with if she
makes no monthly payments, but the account has the same amount
of money as your answer to part (a)?
Question 2​

Answer 1

Answer:

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Step-by-step explanation:

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