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Economics On the first day of every month this semester (i.e. May 1, June 1, July 1, August 1), you put aside $50. If the

Economics

On the first day of every month this semester (i.e. May 1, June 1, July 1, August 1), you put aside $50. If the (monthly) interest rate is 1%, what is the future value on August 31

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