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Pamela wants to buy a house and is saving for her down payment . She has already saved $112,500 and is making monthly deposits of
Pamela wants to buy a house and is saving for her down payment . She has already saved $112,500 and is making monthly deposits of $750 at the end of each month. Assuming that Pamela can earn a rate of return of 6.8% and her balance is compounded monthly, what will her account balance be in 6 years?
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$120,943
$235,435
$172,285
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