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2a)|(15 pts.) You want to save money to buy a new computer system. If you deposit $50 a month for one year at an APR

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2a)|(15 pts.) You want to save money to buy a new computer system. If you deposit $50 a month for one year at an APR of 6.25% compounded monthly, answer the following in the green cells provided. Monthly Deposit: APR (as a percentage): % APR (as a decimal): time (in years): years time (in months): months 2b) Using Cell References OR Excel Calculations (you can choose), answer the following in the BLUE cell. Total Amount Deposited in one year: 2c) Complete the following table for one year, you MUST use Cell References to complete. Month Interest Paid on Previous Balance Deposit Balance 1 2d) Using Cell References OR Excel Calculations, answer the following in the BLUE cells. Balance at the end of one year: Total Interest made in one year

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