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On November 1, you decide that in exactly two years you will take a cruise that costs $11 211 How much should you deposit each

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On November 1, you decide that in exactly two years you will take a cruise that costs $11 211 How much should you deposit each month into your vacation fund in order to have $11.211 in two years to pay for the trip? Assume an annual interest rate of 1,3% compounded monthly Assume that the deposits are made at the end of each compounding period) The amount that should be deposited is $ (Round up to the nearest cent.)

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