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Question 2 ? . . . . . . . 102 4:01 PM John has a life event that will occur in 7 years. As

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Question 2 ? . . . . . . . 102 4:01 PM John has a life event that will occur in 7 years. As a way to finance this event, John today deposits the amount of 5215 in the bank. How much will this deposhgrow to in 7 years if the interest rate is 5% and the bank compounds interest monthly? Place your answer in dollars and cents. Do not include a dollar sign or a comma in your answer. Work your analysis using at least four decimal places of accuracy SUOMIT

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