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Suppose you have been saving for the last 1 years to buy a new mountain bike. If you have been depositing $63 per month in

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Suppose you have been saving for the last 1 years to buy a new mountain bike. If you have been depositing $63 per month in a bank account which gives 3% APR. How much do you now have in your bank account? (Work out the problem on separate sheet of paper before entering the answer.) Answer: Check

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