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Matt is saving to buy a new motorcycle. If he deposits $60 at the end of each month in an account that pays an annual

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Matt is saving to buy a new motorcycle. If he deposits $60 at the end of each month in an account that pays an annual interest rate of 4.5%, how much will he have in 24 months? Assume that the compounding is being done monthly. Matt will have $ in 24 months. (Round to the nearest cent as needed.)

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