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Mathematics, 06.12.2020 04:50 klu65

Hamilton is saving for retirement. He deposits $275 each month at 2.6% annual interest for 30 years. According to his calculations, at the end of 30 years he should have $149,722.57 in his account. How much of this did Hamilton contribute and how much of this is interest?

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Hamilton is saving for retirement. He deposits $275 each month at 2.6% annual interest for 30 years....

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