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Cheryl wants to have $2,200 in spending money to take on a trip to Niagara Falls in three years. Part 2 How much must she

Cheryl wants to have

$2,200

in spending money to take on a trip to Niagara Falls in three years.

Part 2

How much must she deposit now in a savings account that pays

percent compounded monthly to have the money she needs in three years?

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