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Marc decided to place $180 in equal deposits every month at the beginning of the month into a savings account earning 13.63 percent per year,
Marc decided to place $180 in equal deposits every month at the beginning of the month into a savings account earning 13.63 percent per year, compounded monthly for the next 6 years. The first deposit is made today. How much money will be on his account at the end of that time period?
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