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What was the balance in the account at the end of years

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Question - Eric deposited $9,000 into a savings account at the beginning of every year for 10 years. The account was growing at 4.00% compounded monthly. After the 10-year period, he left the accumulated money in the account to grow for another year. What was the balance in the account at the end of 11 years?

Reference no: EM133049632

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