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Having earned a bonus at hiswork, Rick placed the money in an investment earning 6.08 % compounded monthly. He withdrew $ 211 at the end

Having earned a bonus at hiswork, Rick placed the money in an investment earning 6.08 % compounded monthly. He withdrew $211 at the end of every month for the next 3 years.

(a) What was the amount of thebonus?

(b) If he made all of the withdrawals asplanned, how much interest waspaid?

round to the nearest cents

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