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2 pts Suppose you will deposit $100 each month into an account paying 6% interest. Assume that Write down this question in your the account

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2 pts Suppose you will deposit $100 each month into an account paying 6% interest. Assume that Write down this question in your the account is compounded with notebook. You will need it for the same frequency as we make another question. deposits unless stated otherwise. How much money will be in the account in 2 years? Is this a Simple Interest, Compound Interest or Annuity problem? Explain using complete sentences why you chose this answer. Your work showing you you solved this problem will be uploaded in the next

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