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Suppose you have been saving for the last 8 years to buy a new mountain bike. If you have been depositing $141 per month in
Suppose you have been saving for the last 8 years to buy a new mountain bike. If you have been depositing $141 per month in a bank account which gives 11% APR. How much do you now have in your bank account? (Work out the problem on a separate sheet of paper before entering the answer.) (Round your answer to two decimal point)
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