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2.1. If the interest rate is 6 percent compounded monthly, how much money will you have on the 1st of July? (5) 2.2. Similarly compute

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2.1. If the interest rate is 6 percent compounded monthly, how much money will you have on the 1st of July? (5)

2.2. Similarly compute the future value for the remaining 5 payments with the last one happening on 30th June. (5)

You have been making the following deposits on the last day of every month

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