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A. If you want to have a million dollars 30 years from today, how much should you invest in your savings account that earns interest

A. If you want to have a million dollars 30 years from today, how much should you invest in your savings account that earns interest of 5.06% compounded monthly?

B. Katie invested $80,000.00 for 4 years at 5.00% compounded monthly. Calculate the future value of his investment at the end of the term.

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