smtorres2000 smtorres2000

14-01-2023
Mathematics

contestada

Rajesh inherited an investment account with a current balance of 30,000. it compounds monthly with a rate of 9.48%. He has made arrangements to withdraw $250 automatically every month to pay off his 10-year student loan. Will Rajesh have enough money in the account to cover all of the required loan payments?

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