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A person deposits $90 at the end of each month in an account which earns 10% compounded monthly for 18 years. The person then stops
A person deposits $90 at the end of each month in an account which earns 10% compounded monthly for 18 years. The person then stops making the deposits, but allows the money to remain in the bank earning the same interest for 9 more years. a. Find the value of this account at the end of 27 years. b. State the total amount of interest earned on this account.
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