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Miguel saved $130 at the end of every month for 5 years in her bank account that earned 4.50% compounded monthly. a. What is the

Miguel saved $130 at the end of every month for 5 years in her bank account that earned 4.50% compounded monthly.

a. What is the accumulated value of her savings at the end of the period?

a) $8,566.80

b)$8,728.92

c)$77,900.13

d)$928.92

b. What is the interest earned over the period?

a)$798.92

b)$8,728.92

c)$1,058.92

d)$928.92

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