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A savings plan requires deposits of $487 per month for 22 months commencing in 1 month from today. If the interest rate is 14.9% p.a

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A savings plan requires deposits of $487 per month for 22 months commencing in 1 month from today. If the interest rate is 14.9% p.a compounding monthly, the value of the investment immediately after the last deposit will be (round to nearest cent; don't use $ sign or commas): a. $947.82 b. $12385.50 c. $1089.05 d. $12233.60

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