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o purchase a specialty guitar for his band, for the last three years JJ Morrison has made payments of $112 at the end of each

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o purchase a specialty guitar for his band, for the last three years JJ Morrison has made payments of $112 at the end of each month into a savings account earning interest at 3.77% compounded nonthly. If he leaves the accumulated money in the savings account for another four years at 3.88% compounded quarterly, how much will he have saved to buy the guitar

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