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Eight years ago, Brenda received a $850,000 inheritance. She invested the money in an account where she earned 7% compounded monthly. Today, Brenda has decided
Eight years ago, Brenda received a $850,000 inheritance. She invested the money in an account where she earned 7% compounded monthly. Today, Brenda has decided to begin contributing $425 per month to that same account. How much money will Brenda have in the account at the end of 20 years?
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