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Billy wishes to save some money for a trip to India. He plans to make regular payments of $800 per month for the next 3
Billy wishes to save some money for a trip to India. He plans to make regular payments of $800 per month for the next 3 years into an account at Bega Mutual Bank that earns 7.30% interest per annum compounded daily. The first payment will be made immediately. The future value of Billys savings one month after the last payment will be
Select one:
a. $30,122.38
b. $33,492.56
c. $31,568.99
d. $32,294.65
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