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23. On your first job after your graduate program, you are expected to save $200 every month starting today for the next 8 years. You

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23. On your first job after your graduate program, you are expected to save $200 every month starting today for the next 8 years. You plan to invest in an investment opportunity with 4% APR that will compound its interest rate daily (assume there are 30 days in each month and 12 months in one year). Calculate how much will your total savings be in 8 years from now. (4 points)

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