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A savings plan requires 48 deposits of $500 per month commencing today. If the interest rate is 14.9% p.a compounding monthly, the value of the

A savings plan requires 48 deposits of $500 per month commencing today. If the interest rate is 14.9% p.a compounding monthly, the value of the investment plan in exactly 4 years from today will be closest to: Select one: a. $32948.94 b. $32544.84 c. $2864.52 d. $2493.06

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