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How much money will be in account at end of that time period

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Question 1: You have decided to place $345 in equal deposits every month at the beginning of the month into a savings account earning 4.27 percent per year, compounded monthly for the next 8 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: EM132538493

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