What is the amount in the account after seven years

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Reference no: EM132062239

In order to accumulate enough money for a down payment on a house, a couple deposits $596 per month into an account paying 6% compounded monthly, If payments are made at the end of each period, how much money will be in the account in in 7 years?

What is the amount in the account after 7 years?

$__ ( Round to the nearest cent as needed.)

Reference no: EM132062239

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