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6 2 . 5 points You decide to save $ 5 0 0 ? month for the next 2 0 years. You are able to

6

2.5

points

You decide to save $

\frac{500}{?}

month for the next

20

years. You are able to find an investment that instead earns

7.5 %

annually

(

interest compound

monthly

) .

How much would you have accumulated at the end of

20

years?

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