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Question 1 2 . For the next 5 years, you will deposit $ 5 0 0 per month into your savings account. For 7 years

Question

12 .

For the next

5

years, you will deposit $

500

per month into your savings account. For

7

years after

that, you will deposit $

800

per month into your savings account. If you earn

9 %

APR on your savings, how

much will you have in the bank

12

years from now?

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