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Payments of $500.00 are made at the beginning of each month for four years. The interest rate is 4.5% compounded monthly. If no further deposits
Payments of $500.00 are made at the beginning of each month for four years. The interest rate is 4.5% compounded monthly. If no further deposits are made a) Calculate the accumulated value twelve years after the first deposit. b) Calculate the amount deposited. c) Calculate the interest. show the calculations and steps
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