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Kenta wants to save up for a boat. He made an initial investment of $749 into a savings account, and followed it with regular deposits
Kenta wants to save up for a boat. He made an initial investment of $749 into a savings account, and followed it with regular deposits of $125 at the end of each month. The account paid 9.5% p.a. interest compounded monthly. Find the account balance after 8 years.
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