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8. You deposit $100 each month into an investment fund that yields 2% interest compounded monthly. (a) How much money will you have after 20

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8. You deposit $100 each month into an investment fund that yields 2% interest compounded monthly. (a) How much money will you have after 20 years? (b) How much interest have you earned after 20 years? 9. If you can afford $3000 per month for a 30-year mortgage with 6% interest, how expensive a home can you afford to buy? [5

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