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5. Emily deposits $550 at the beginning of each month for 12 years. The annual rate of interest r = 8.4%. Data: (a) How much

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5. Emily deposits $550 at the beginning of each month for 12 years. The annual rate of interest r = 8.4%. Data: (a) How much money will Emily accumulate over the 12-year investment horizon? (b) Compute the interest Emily earns over the investment horizon

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