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James is planning to say $ 4 7 . 7 8 every month for four yearshe plans to make his first savings contribution in one

James is planning to say $

47.78

every month for four yearshe plans to make his first savings contribution in one month from today if he currently has $

943

saved and expects to have $

3954.10

in four years from today then what is the EAR that he expects to earn?

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