How much will be in the account after you made last payment

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Reference no: EM131442393

You plan to buy a house in 4 years. You want to save money for a down payment on the new house. You are able to place $406 every month at the end of the month into a savings account at an annual rate of 8.72%, compounded monthly. How much will be in the account after you made the last payment?

Round the answer to two decimal places.

Reference no: EM131442393

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