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Maths To purchase a specialty guitar for his band, for the last two years JJ Morrison has made payments of $118 at the end of

Maths

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To purchase a specialty guitar for his band, for the last two years JJ Morrison has made payments of $118 at the end of each month into a savings account earning interest at 5.31% compounded monthly If he leaves the accumulated money in the savings account for another three years at 5.54% compounded quarterly, how much will he have saved to buy the guitar? The balance in the account will be $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) R Time Remaining: 01:55:07 Next

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