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A savings plan requires 48 deposits of $424 per month commencing today. If the interest rate is 8.8% p.a compounding monthly, the value of the

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A savings plan requires 48 deposits of $424 per month commencing today. If the interest rate is 8.8% p.a compounding monthly, the value of the investment plan in exactly 4 years from today will be closest to: a. $24466.57 b. $1933.29 c. $2103.42 d. $24288.46

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