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What was the balance in the fund at the end of the period

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Reference no: EM132748879

Question - For 37 years, Janet saved $1,150 at the beginning of every month in a fund that earned 5.54% compounded annually.

Required -

a. What was the balance in the fund at the end of the period?

b. What was the total amount of interest earned over the period?

Reference no: EM132748879

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