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It is now January 1. You plan to make a total of 6 deposits of $100 each, one every 3 months, with the first payment

It is now January 1. You plan to make a total of 6 deposits of $100 each, one every 3 months, with the first payment being made today. The bank pays a nominal interest rate of 8% but uses quarterly compounding. You plan to leave the money in the bank for 10 years. How much will be in your account after 10 years?

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