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4. [0/8.33 Points] DETAILS PREVIOUS ANSWERS TANFIN10 5.2.016. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER If Jackson deposits $130 at the end of each month
4. [0/8.33 Points] DETAILS PREVIOUS ANSWERS TANFIN10 5.2.016. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER If Jackson deposits $130 at the end of each month in a savings account earning interest at a rate of 7%/year compounded monthly, how much will he have on deposit in his savings account at the end of 6 years, assuming he makes no withdrawals during that period? (Round your answer to the nearest cent.) $ 197.61 x
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