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Suppose that on January 1, 1996 Shannon decides to deposit $176 into an account at the end of each month starting at the end of

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Suppose that on January 1, 1996 Shannon decides to deposit $176 into an account at the end of each month starting at the end of this month. If the account quotes a nominal annual interest rate of 9% compounded monthly then determine the balance on October 31, 2017. answer correct to 2 decimals

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