# Saving 9

An amount of $2000 is invested at an interest of 5% per month. If$ 200 is added at the beginning of each successive month but no withdrawals. Give an expression for the value accumulated after n months. After how many months will the amount has accumulated first exceed $42000. ### Correct answer: n = 42 ### Step-by-step explanation: Did you find an error or inaccuracy? Feel free to write us. Thank you! #### You need to know the following knowledge to solve this word math problem: ## Related math problems and questions: • Investment 1000$ is invested at 10% compound interest. What factor is the capital multiplied by each year? How much will be there after n=12 years?
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