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Justin is saving for his retirement 20 years from now by setting up a savings plan. He has set up a savings plan wherein he
Justin is saving for his retirement 20 years from now by setting up a savings plan. He has set up a savings plan wherein he will deposit $100.00 at the end of each month for the next 11
years. Interest is 11% compounded monthly.
(a) The future value will be $___.
b) Justin will contribute $___.
c) The interest will be $___.
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