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2.) Jack places an amount of $ 60 in an account at the end of each year for 12 consecutive years beginning one year from

2.) Jack places an amount of $60 in an account at the end of each year for 12 consecutive years beginning one year from today. If the interest rate is 3%, how much will Jack have at the end of the 12th year? Place your answer in dollars and cents. Do not include a dollar sign or comma in your answer. Work your analysis to at least four decimal places of accuracy.

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