16. $1000 is invested in an account that earns 2% interest at the end of each month on New Year's Day. During what month will the balance in the account exceed $1140?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
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ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
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16. $1000 is invested in an account that earns 2% interest at the end of each month on New
Year's Day. During what month will the balance in the account exceed $1140?
Transcribed Image Text:16. $1000 is invested in an account that earns 2% interest at the end of each month on New Year's Day. During what month will the balance in the account exceed $1140?
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