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How much money will be in the account at the end

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You have decided to place $827 in equal deposits every month at the beginning of the month into a savings account earning 4.91 percent per year, compounded monthly for the next 7 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: EM132403072

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