Future value of your account at the end of holding period

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Reference no: EM132063053

Suppose that you deposit $932 in a savings account at Prosperity Bank at the end of each of the next 23 months. You plan to leave these contributions and any interest earned in the account until 23 months are up. The interest rate is 8.89% per month. What is the future value of your account at the end of the holding period?

Reference no: EM132063053

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