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A student is about to start an 8 - month co - op work term, where she expects to earn $ 3 5 0 0

A student is about to start an

8 -

month co

-

op work term, where she expects to earn $

3500

per month.

She plans to save

20 %

of her earnings in a savings account with a monthly interest rate of

1.5 % .

How

much will she have saved by the end of her work term?

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