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How much money will be in the account

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Reference no: EM132635053

You have decided to place $977 in equal deposits every month at the beginning of the month into a savings account earning 6.14 percent per year, compounded monthly for the next 11 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: EM132635053

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