Find how much money will be in the account

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Question: You have decided to place $606 in equal deposits every month at the beginning of the month into a savings account earning 10.54 percent per year, compounded monthly for the next 3 years. The first deposit is made today. How much money will be in the account at the end of that time period? Round the answer to two decimal places.

Reference no: EM131965933

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