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Recently, More Money 4U offered an annuity that pays 5.1% compounded monthly. If $1,407 is deposited into this annuity every month, how much is in
Recently, More Money 4U offered an annuity that pays 5.1% compounded monthly. If $1,407 is deposited into this annuity every month, how much is in the account after 10 years? How much of this is interest?
What is the amount in the account:
(Round to the nearest dollar.)
What is the amount of interest earned:
(Round to the nearest dollar.)
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