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How much money will be in the account

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Question - You plan to buy a house in 9 years. You want to save money for a down payment on the new house. You are able to place $225 every month at the end of the month into a savings account at an annual rate of 4.49 percent, compounded monthly. How much money will be in the account after you made the last payment?

Reference no: EM132827580

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