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Suppose you have $ 2 , 4 5 0 and plan to save with savings account that pays 3 . 5 % interest, compounded monthly.

Suppose you have $2,450 and plan to save with savings account that pays 3.5% interest, compounded monthly. How much will you have after 2 years?
Show the complete Excel function with all elements you use to solve this problem (for example, =FV(6%,3,4000,-300,0)), and the answer. (Partial credit will be granted so please show the details.)

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