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If Jackson deposit $400 at the end of each month in the saving account earning interest at the rate of 6%/year compounded monthly, how much
If Jackson deposit $400 at the end of each month in the saving account earning interest at the rate of 6%/year compounded monthly, how much will he have on deposit in his saving account at the end of 6 years, assuming that he makes no withdrawals during that period?
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