You have been diligently saving to buy a boat.
Question # 00080054
Posted By:
Updated on: 07/06/2015 11:03 AM Due on: 08/05/2015
You have been diligently saving to buy a boat. For the last 10 years, you have been putting $50 per month into a secret savings account paying .5% interest per year. You started with $0. You just discovered that your spouse knew about the account the whole time and has been withdrawing $45 each month for the last 10 years.
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Rating:
/5
Solution: You have been diligently saving to buy a boat.