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Consider an initial investment of R$10,000 and three consecutive monthly contributions of R$1,000 each. If the funds are applied at the rate of 1% per
Consider an initial investment of R$10,000 and three consecutive monthly contributions of R$1,000 each. If the funds are applied at the rate of 1% per month, what is the future value, if the deposits are made in arrears and anticipated?
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