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Mary makes monthly deposits of $450 at the end of each month over 25 consecutive years to support her retirement. If the account earns an
Mary makes monthly deposits of $450 at the end of each month over 25 consecutive years to support her retirement. If the account earns an interest rate of 7.5%, which amount comes closest to the value of the deposits at the end? a. $120,938 b. $343,343 c. $382,667 d. $394,767 e. $367,100
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