Harnoor2004 Harnoor2004
  • 11-01-2023
  • Mathematics
contestada

Pedro has a tax-free savings account (TFSA) with a balance of
$2350.00. His interest is earned at a rate of 2.10%, compounded monthly. If he
contributes $400.00 to the TFSA at the end of every month, how long will it take
him to save $15 000.00?

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