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Brian saved $260 at the end of every month for 7 years in his bank account that earned 4.30% compounded monthly. What is the accumulated
Brian saved $260 at the end of every month for 7 years in his bank account that earned 4.30% compounded monthly.
What is the accumulated value of his savings at the end of the period?
A) $25,080.49
B) $25,430.36
C) $170,196.77
D) $3,590.36
b. What is the interest earned over the period?
A) $3,330.36
B) $25,430.36
C) $3,850.36
D) $3,590.36
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