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(9 points) Payments are deposited in a fund at the beginning of each month for 4 years. The monthly deposit in year n is 20n

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(9 points) Payments are deposited in a fund at the beginning of each month for 4 years. The monthly deposit in year n is 20n for n=1,2,3,4. Interest rate earned is 12% nominal interest compounded monthly. Compute the value of the fund at the end of 4 years. A. 2882 B. 2969 C. 2893 D. 2887 E. 2908

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