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9. Robert plans to deposit P500 at the end of each month for 10 years at 12% annual interest, compounded monthly. Compute the amount that

9. Robert plans to deposit P500 at the end of each month for 10 years at 12% annual interest, compounded monthly. Compute the amount that will be available in two years. Follow the format in answering. Given: Required: Formula: Cash flow diagram/ cash flow sketch: Solution

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