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Suppose you have been saving for the last 4 years to buy a new mountain bike. This year you will finally get to buy it.
Suppose you have been saving for the last 4 years to buy a new mountain bike. This year you will finally get to buy it. If you have been depositing $193 per month in a bank account which gives 5% APR. How much do you have now in your bank account? (Round the answer two decimal point)
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