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11. You have opened a savings account. You deposit $300 monthly. The first deposit was on July 1, 2000 and the last deposit on April

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11. You have opened a savings account. You deposit $300 monthly. The first deposit was on July 1, 2000 and the last deposit on April 1, 2025. The bank pays a nominal interest rate of 8% and compounds quarterly. Interest is paid and accrued quarterly. What will be the balance of the account on April 1, 2025? (8 points) =

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