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Lea wants to buy a new bicycle in 8 months. The bicycle she wants costs $399.99, plus 5% tax. Will Lea have enough money to

Lea wants to buy a new bicycle in 8 months. The bicycle she wants costs $399.99, plus 5% tax. Will Lea have enough money to buy the bicycle if she deposits $50 at the end of each month into an account that earns 5%, compounded monthly? Explain. Show work

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