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21. How much money will you have after depositing $700 per month for 40 years in an account which returns an annual percentage rate of

21. How much money will you have after depositing $700 per month for 40 years in an account which returns an annual percentage rate of 11.6% compounded monthly?

a. Excel command ____________

b. answer ____________

c. How much money will you have deposited into this account over the 40 years? ____________

d. How much interest will you have earned in this account over the 40 years? ____________

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