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A deposit of 120 000.00 Php is placed into a college fund at the beginning of every month for 10 years. The fund earns


A deposit of 120 000.00 Php is placed into a college fund at the beginning of every month for 10 years. The fund earns 9 % annual interest, compounded monthly, and paid at the end of the month. How much is in the account right after the last deposit ?

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